PYMNTS.com July 8, 2024

In an era when artificial intelligence is reshaping industries, RobobAI, a global FinTech company, is leveraging AI technology to help organizations manage their supply chains.

The company’s approach to spend analysis and procurement optimization is catching the attention of large enterprises seeking to enhance operational efficiency and reduce costs in an increasingly complex global marketplace.

“The key business challenge we aimed to solve was to provide 360-degree visibility over the spend data of large organizations,” Nitin Upadhyay, the company’s Chief Data and Innovation Officer, told PYMNTS.
“By harnessing AI, RobobAI can rapidly consolidate, classify, and categorize vast amounts of spend data, offering insights that were previously difficult or impossible to obtain through traditional methods.”

As PYMNTS previously reported,...

Today's Sponsors

LEK
ZeOmega

Today's Sponsor

LEK

 
Topics: AI (Artificial Intelligence), Supply Chain, Technology
‘Humphrey’ AI tool launched to streamline NHS and public services
Oracle shares jump 7% on involvement in AI infrastructure initiative that Trump will announce
Cofactor AI Launches Platform to Help Hospitals Fight Tidal Wave of Claims Denials and Announces $4 Million Seed Round
5 Healthcare AI Trends in 2025: Balancing Innovation and Patient Safety
Do We Need Humans in the Loop? A Novo Nordisk Exec Weighs In (Video)

Share This Article