ignio Cognitive Procurement is an AI-based analytics solution for Procure-to-Pay, that screens purchase transactions and identifies opportunities to save money and improve the effectiveness of procurement. Our vision is to provide every organization the ability to Explore its procurement behavior using data and identify where to focus its efforts, Monitor live transactions to detect and predict problems needing human attention, and Intercept such transactions through corrective and preventive actions.
It works like an independent monitoring solution by sitting on top of any eProcurement system (i.e Microsoft Dynamics 365, SAP Ariba, Oracle, Coupa, iValua etc), consuming raw transaction data from such systems as input and generating cognitive insights as output.
WIth ignio Cognitive Procurement you can –
ignio Cognitive Procurement is designed to: