SpendMate by Noventiq transforms procurement by automating request intake, policy validation, approval workflows, and PO/invoice generation. It reduces errors, saves time, and improves compliance.
Key Features and Use Cases:
- Procurement Request Automation: Natural language or form-based input via Microsoft 365 Copilot.
- Policy Validation: Auto-checks against procurement rules and thresholds.
- Approval Routing: Context-aware workflows with real-time notifications.
- PO & Invoice Automation: Seamless ERP integration for end-to-end processing.
Customer Benefits:
- Save up to 500 hours annually.
- Reduce processing costs by ₹5,00,000.
- Improve compliance and reduce audit risks.
- Enhance employee satisfaction with intuitive workflows.
Here is our unique approach to Solution Deployment:
- Discovery and Planning: 4 - 5 days. Business process documentation, stakeholder interviews, integration design
- Design and Configuration: 6 - 8 days. SpendMate workflow configuration, Microsoft 365 Copilot prompts, Power Platform logic
- ERP Integration: 8 - 12 days. API connector setup, data mapping, role-based access configuration
- Development and Automation: 10 - 14 days. Bot development, validation engine, dashboard and alerts
- Testing and UAT: 5 - 6 days. Functional/compliance testing, UAT feedback, sign-off documentation
- Go-Live and Enablement: 3 - 5 days. Go-live support, end-user training, post-deployment Q&A
- Post-Go-Live Support*: optional. SLA-backed support, issue tracking, enhancement rollout (1-3 months)
Estimated Timeline: 5–6 weeks (25–30 business days)
Estimated Cost: ₹7,00,000 – ₹9,00,000
Optional support: ₹1,50,000
ERP customization: ₹1,00,000 – ₹2,00,000
* Optional Add-ons: post-go-live support, ERP-specific enhancements
Built With: Microsoft Power Platform, Azure OpenAI, Microsoft 365 Copilot, ERP APIs (SAP, Oracle, Zoho)