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,...

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Topics: AI (Artificial Intelligence), Supply Chain, Technology
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