SupplyChain Magazine January 2021 | Page 73

“ By leveraging a network platform to connect the enterprise supply chain to suppliers and financial institutions and then adding AI / ML and RPA , companies can achieve automated , touchless invoice processing , improve their supplier ’ s access to capital and improve labour productivity / efficiency .”
— CHRISTINE BARNHART
processes which help eliminate human error and reduce overhead . Machine learning , artificial intelligence , and natural language processing are leveraged to understand the context and automate processes correctly while allowing for better human interaction .
At Infor , deploying a cloud-based , supply chain business network platform that is designed to assimilate data from diverse sources and trading partners and then to standardise , harmonise , cleanse and enrich that data for subsequent use across the value chain and the business process lifecycle can actually generate more long-lasting ROI and business benefits .”
73 supplychaindigital . com