Leading independent data and analytics consultancy Decision Inc. Australia has partnered with provenio.ai, a leading provider of artificial intelligence (AI) and hyper-automation solutions, to expand its offering to clients in retail, FMCG, manufacturing, supply chain, and logistics.
Provenia.AI’s AI-powered products help simplify the supply chain, logistics, and freight operations, resulting in rapid productivity increases and significant ROIs for customers and providers.
Aiden Heke, the CEO of Decision Inc. Australia, said, “The retail, FMCG, and the food and drink sectors face significant headwinds driven by inflation and mounting supply chain issues and are looking at ways to remove manual processes and human error to protect their margins. provenio.ai’s approach to hyper-automation allows our clients to do so quickly, with easy-to-implement solutions – we’re talking in a matter of weeks and months.”
“For a company of any size to have to look through line items from thousands of freight invoices – in addition to thousands of supplier invoices from other business units – and having to correlate the charges against several data-points manually, the cost of efficiently and sustainably managing the process can quickly blow-out.”
“And when you consider the dimensions of time, volume and complexity, the reconciliation process often gets put in the too hard basket, and spot-checks become the only mechanism, resulting in financial erosion which can be as much as 10 percent or more, of their annualized freight spend. provenio.ai’s hyper-automation platform is trained to read, extract, calculate and validate freight invoices and statements efficiently and accurately, checking charges across multiple data points to identify errors.”
Bart Heyse, provenio.ai Chief Executive Officer, added, “Decision Inc. Australia’s consultative approach is proven to benefit clients in the FMCG and Retail space – developing a well-earned reputation as a leader in identifying AI-driven solutions to its clients’ challenges. Strategically combining a digital workforce and human workforce is the way of the future, and we know that our products and approach to AI-powered automation create significant and quantifiable ROIs often within 12 months for the future-thinking organizations that Decision Inc. works with – enabling them to protect, and even expand their margins now, and into the future.”