Use Case: Vendor Onboarding

Function: Finance

Challenges:

  • Screening of suppliers including factors like price lists, value for money, and service, is time-consuming
  • It consumes a big chunk of time and is prone to errors
  • Storing and updating supplier details, primary contacts, licenses, and documentation is cumbersome

Solution:

  • Kore.ai NLP-powered virtual assistants can automate all the mundane and monotonous aspects of the vendor screening process
  • Pulling supplier information, making changes to the existing supplier details is quick and allows employees to focus on higher-value tasks

Benefits:

  • A 90% increase in accuracy can be achieved by eliminating the inefficiencies and complexities inherent in traditional supplier onboarding processes

System Integration: SAP, Oracle, Zoho, and other popular tools

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