Function Finance
Challenges:
- Screening of suppliers includes factors like price lists, value for money, and service
- Storing and updating supplier details, primary contacts, licenses, and documentation is cumbersome
- It consumes a big chunk of time and is prone to errors
Solution:
- The intelligent virtual assistants can automate all these mundane and monotonous aspects of the vendor screening process
- Pulling supplier information, making changes to the existing supplier details is taken care of by virtual assistants. It allows employees to focus on higher-value tasks
Benefits:
- A 60% increase in accuracy by eliminating the inefficiencies and complexities inherent in traditional supplier onboarding processes
System Integration: SAP, Oracle, Zoho, and other popular tools
