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