AI in Auditing & Taxation Services: How Procurement Can Help Achieve More Value
This paper is a must-read for procurement professionals looking to ensure that their tax and auditing functions make the most of AI and RPA.
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Generative AI: What’s in It for Procurement?
July 30, 2024 | Procurement Software
To Leverage generative AI procurement needs a workforce that can work with advanced data and tools that simplify several processes in procurement. Explore this GEP blog to know more.
How AI is Reshaping the Future of Supply Chains
July 19, 2024 | Supply Chain Software
Since 2020, global supply chains have witnessed sudden and near-permanent changes because of the pandemic, economic turbulence and geopolitical conflicts.
Not surprisingly, many businesses have accelerated digital transformation by deploying advanced supply chain technology — technology that is AI-powered and can break down complex datasets to present actionable information.
Their digitization efforts have picked up pace with the advent of generative AI platforms that have democratized the use of AI.
Leaders Applying Gen AI in Supply Chains for Resilience Rather Than Efficiency, Economist Impact Survey Indicates
July 15, 2024 | Supply Chain Software
With inflation decreasing, interest rates leveling off and supply chain volatility easing, 2024 has given procurement and supply chain leaders a bit of a breather after the turbulence of the last few years.
While roadblocks and challenges remain, enterprises finally have a chance to think about the future and how best to implement game-changing new technologies like generative AI into their supply chains.
Clearing the Path: Overcoming Regulatory Hurdles in Implementing AI-Powered Supply Chains
July 15, 2024 | Supply Chain Software
As artificial intelligence (AI) reshapes supply chain management, a recent Economist Impact survey commissioned by GEP reveals the key challenges businesses face when implementing this game-changing technology.
Let's dive into the findings and explore how companies can navigate the complex world of AI regulation.
How AI Is Transforming the Payments Landscape
July 02, 2024 | Procurement Software
Artificial intelligence (AI) is driving a step change for enterprises, especially when it comes to payments. AI payments are rapidly changing how businesses and consumers handle financial transactions, offering a wave of benefits that include increased efficiency, enhanced security and a more personalized experience.
How Is AI Streamlining Payment Processing?
One of the primary impacts of AI is in automating repetitive tasks.
Thanks to machine learning algorithms, AI systems can streamline invoice processing, data entry and reconciliation.
How Generative AI is Reshaping Manufacturing
July 02, 2024 | Supply Chain Software
Generative AI stands apart from all other technologies as a transformative force with the potential to revolutionize various aspects of manufacturing. Using machine learning algorithms, particularly deep learning and neural networks, GenAI is an invaluable strategy for manufacturers looking to stay competitive in an increasingly complex global market.
5 Ways to Supercharge Your Business With AI-Powered Supply Chains
June 28, 2024 | Supply Chain Software
The rapid evolution of AI has caught the attention of businesses across industries. As they now look to deploy AI in specific use cases, many of their operational functions are set to witness significant changes. These include supply chain operations, which are likely to be simplified.
You may ask how, given that supply chains are becoming increasingly intricate and beset with issues across the world.
To understand this, you need to look at some of AI’s new-age capabilities.
5 Examples of AI in Supply Chain in Management
February 20, 2024 | Supply Chain Strategy
This blog delves into the practical examples of AI in supply chains and how organizations can create a smarter, resilient, and sustainable supply chain by embracing these applications. Read this blog to learn more.
End-to-End Supply Chain Visibility: How AI and Data Connect the Dots
November 27, 2023 | Supply Chain Software
Navigating the intricacies of supply chain management (SCM) is no easy feat, presenting a formidable challenge for organizations across the spectrum.
Whether grappling with the complexities of small businesses, startups, or expansive global conglomerates, achieving an optimal return on investment demands a juggling act involving spend activities, logistics, risk management and supplier relationships.
Unfortunately, the absence of end-to-end supply chain visibility increases the likelihood of failing on one or more of these aspects, resulting in costly repercussions.
