Decision Inc. Australia, an independent data and analytics consultancy, has expanded its offering to clients in retail, FMCG, manufacturing, supply chain and logistics sectors by partnering with provenio.ai, a provider of AI and hyper automation solutions. provenio.ai’s suite of AI-powered products simplifies operations and increases productivity, driving significant ROI for consumers and providers in the Supply Chain, Freight and Logistics domain.
What does provenio.ai mean for various industries?
“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,” said Aiden Heke, CEO at Decision Inc. Australia.
“provenio.ai’s approach to hyper automation allows clients to do so quickly, with easy-to-implement solutions – we’re talking weeks or months. For a firm of any size to have to look though line items from thousands of freight invoices – in addition to thousands of supplier invoices from other business units – and having to manually correlate the charges against data-points, the cost of efficiently and sustainably managing the process can 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% or more, of their annualised freight spend. provenio.ai’s platform is trained to read, extract, calculate and validate freight invoices and statements efficiently, checking charges across data-points to spot errors.”
What does the deal mean to provenio.ai?
“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,” commented Bart Heyse, Chief Executive Officer at provenio.ai.
“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, creates significant and quantifiable ROIs often within 12-months for the future thinking firms that Decision Inc. works with – enabling them to protect, and expand their margins now, and into the future.”