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Home Operations Operational Accounting and Control

Get more from procure-to-pay automation with cognitive innovation

Automation Anywhere by Automation Anywhere
July 16, 2020
Photo by Pixabay from Pexels

Photo by Pixabay from Pexels

Gartner predicts that by 2022, 50% of legacy spend analysis and procurement solutions will be replaced by AI-driven, cloud-based purchasing software. IDC predicts that in 2020, organisations will prioritise digital to create new business models.

The message is clear, merely automating repetitive processes is not enough. Advanced technologies like cognitive solutions will need to be brought into not only drive efficiency but more importantly empower employees to do more creative, analytical and customer-facing jobs.

It also predicts that all best-in-class procure-to-pay packages will include integrated chatbots and virtual assistants to further simplify and streamline procurement while increasing security and compliance.

Cognitive automation enables traditional RPA to process and analyse unstructured and semi-structured data.  You can automate complete end-to-end business processes and support your human team to interpret the results.

This Automation Anywhere iBook teaches you how to:

  • Deliver more value in less time by automating arduous processes that impede speed and growth
  • Efficiently uphold highest corporate standards by automating controls
  • Free your team to drive business performance as a strategic partner by offloading low-value work

Click here to download this new iBook from Automation Anywhere.

Related:  How CFOs respond to inflation
Tags: artificial intelligenceAutomation Anywherecognitive computingcognitive intelligenceGartnerIDCprocure-to-payprocure-to-pay automation
Automation Anywhere

Automation Anywhere

Automation Anywhere is a global leader in Robotic Process Automation (RPA), empowering customers to automate end-to-end business processes with software bots – digital workers that perform repetitive and manual tasks, resulting in dramatic productivity gains, optimized customer experience and more engaged employees. The company offers the world’s only web-based and cloud-native intelligent automation platform combining RPA, artificial intelligence, machine learning, and analytics right out of the box, to help organizations rapidly start and scale their process automation journey. Its Bot Store is the world's first and largest marketplace with more than 850 pre-built, intelligent automation solutions. With offices in more than 40 countries and a global network of 1,500 partners, Automation Anywhere has deployed over 1.8 million bots to support some of the world’s largest enterprises across all industries. For additional information, visit www.automationanywhere.com.

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