CEO Thomas Bourgeois calls “ a real revolution ”, and one that is already live . “ There are billions of invoices the world over and amazingly most are still on paper ,” says Bourgeois . “ Even the digital PDFs still require a lot of work to be managed . They must be read , controlled and inputted in the correct system for payment . Ten minutes ’ work equates to $ 12 per invoice . Our robot Conciliator totally automates this workflow . It can read any PDF and verify each line so it ’ s ready to be put into the accounting system and paid . This process can add value to any business in any industry .”
But how do we begin to make sense of the incoming tsunami of big data ? Reflecting on that next step , Remaud believes the challenge for businesses will be to harness AI to tap into underutilised data to provide actionable insights . “ We are not yet there ,” he concedes , “ as many companies have problems with the quality of their historical and current data because it has been manually entered . AI can ingest , classify and automate the process , so you have an ERP with clean data . The next step can then provide real insights where we can start to develop predictive analytics .
However , our customers still have a path to travel . The market has work to do to provide clean data to deliver the next stage of progress in the fields of procurement , finance and HR .” Dhatim cites its partnership with Allianz as crucial to bringing solutions like Conciliator to market . “ We also work with independent financial vendors like SAP , and P2P procurement software vendors are really good partners for us because they take our product on board as a module to automate the classification of invoices for their customers ,” reveals Remaud . “ And we work with the likes of Capgemini and Deloitte to help re-shape the future of the procurement process .”
Customer-wise , Remaus rates Dahtim ’ s continuing relationship with Vodafone as one of its greatest achievements to date . Dhatim provides savings by automating tasks and checking Vodafone ’ s lead lines across hundreds of millions of connections each year through the implementation of Conciliator . Vodafone ’ s Procurement Manager Roger Dashwood has been impressed by its capability to deliver strong analytics . “ There are lots of revenue
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