With advances in Artificial Intelligence (AI) and automation, a new Vendor Management and A/P era has arrived.
Streamline your Procurement function with zero-touch, error-free execution of repetitive, time-consuming tasks.
What does this mean to you? Respond to approvals and payment inquiries. Capture critical vendor and supplier data. Securely reconcile them with your ERP applications.
For example, monitor high-risk accounts, create incentives and promotions for clients, and mitigate bad-debt write-offs.
By leveraging cutting-edge machine learning algorithms, Auditoria’s SmartFlow Skills for Autonomous Vendor Management will onboard and activate contractors and vendors worldwide.
Auditoria executes repetitive vendor-related and invoice-centric monthly close tasks. Further, the system ensures that millions of invoices are automatically processed and reconciled into your ERP application.
What’s more, the insights and contextual intelligence built into these algorithms continually assess the likelihood of vendor and invoice fraud, detect suspicious invoices/transactions, and ensure ongoing risk mitigation.