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.
As Business Owners, Chief Financial Officer, Chief Procurement Officer, Procurement or Category Managers you face challenges in adapting to procurement behavior in the face of constant change resulting in spend leakage, higher processing cost and compliance issues against organizational policies. With ignio now you can monitor live transactions to detect and predict problems in advance in order to address these challenges. The solution can sit atop Microsoft Dynamics 365 or other e-procurement systems consuming raw transaction data to generate cognitive insights.
With ignio Cognitive Procurement you can continuously monitor expenses across transaction systems opening up opportunity to intercept transactions if required to optimize spend, cost and compliance. –
ignio Cognitive Procurement is designed to: