Automatically categorizes transactions using machine learning and NLP. Continuously adapts to new vendor or item descriptions.
Eliminates manual work, improves data accuracy, and enhances real-time visibility across categories.
Forecasts category-level or supplier-level spend using historical data, trends, and dynamic business inputs.
Enables proactive planning, reduces budget variance, and improves sourcing strategy alignment.
Uses AI to detect unusual transactions, duplicate payments, or policy violations in real time.
Prevents fraud and budget leakage, improves internal controls, and supports compliance audits.
Compares prices against market benchmarks and historical data to highlight pricing gaps.
Improves cost competitiveness, negotiation outcomes, and supplier accountability.
Identifies purchases made outside of approved contracts, suppliers, or workflows.
Improves procurement compliance, strengthens preferred supplier usage, and reduces risk.
Monitors supplier performance, financial health, and ESG risks using real-time data sources.
Enables proactive risk mitigation and builds resilience into sourcing decisions.
Automatically drafts RFIs, RFPs, and RFQs based on historical data, templates, and sourcing intent.
Saves time, improves quality of sourcing documents, and boosts supplier response rates.
Extracts key legal terms and obligations from contracts using natural language processing.
Speeds up legal review, enables clause comparison, and improves audit readiness.
Matches invoice line items to POs using fuzzy logic and contextual learning models.
Improves straight-through processing, reduces mismatches, and accelerates AP cycles.
Recommends preferred items, suppliers, and contracts during requisition creation.
Increases policy compliance, improves user experience, and reduces off-contract spend.