Optimize Procurement Spend with ignio™
Reimagine procurement expenditure by enhancing visibility and increasing granularity of insights
Most manufacturers experience cashflow challenges due to low visibility of the process. This creates roadblocks during procurement which further deters the agile transformation of the enterprise. A similar situation was faced by a renowned US-based Industrial Aluminum Company. The organization faced challenges tracking procurement expenditure, price variance, and sought high-level insights, until Digitate came along with ignio™.
ignio’s AI-driven solution:
- Analyzed the organizations procurement transactions to assess the potential points of saving
- Identified behavioral patterns of spends
- Delivered price variance insights, detected odd transactional behaviors, and collusive behavior to provide high-level overview of procurement expenditure