biggest difference with Previse and companies are starting to realise this .” While Christensen can point to success on this front , he admits that it is still a gradual process of “ changing the way companies think ”.
The latest innovation or implementation of game-changing technology is one thing , but convincing people that their business should invest and join the conversation is often met with a little scepticism , even in the midst of the Fourth Industrial Revolution . The importance of being able to demonstrate the value of what Previse can offer is vital , be it through return on investments ( ROI ) or displaying a strong portfolio of leading businesses that the company works with . For Previse , it ’ s about working with companies to recognise how mission critical supplier payments are to a business .
“ How you pay your suppliers , your relationships with your suppliers , your supply chain and
procurement functions are all really mission critical for most companies ,” says Christensen . “ It cuts across a lot of different functions and so that means change is hard . We are working with big organisations and delivering value to them and we are overcoming the barrier to succeed . We haven ’ t cracked it yet , but we are getting there . This is such a big issue and we are the only one with a solution . We ’ re getting over those hurdles in a big way .”
Previse is powered by AI and machine learning . Through binary classification and deep neural networks , the company will measure the 20-30 features of information that make up an invoice .
49 www . supplychaindigital . com