ZIP
“ You find the right supplier , drive leverage and negotiation , there are so many benefits to getting involved earlier .”
The second issue is compliance and auditability . Zip addresses the lack of auditable records in most companies by automating stakeholder involvement and creating a singular , auditable record across the organisation . It also allows customers to configure specific security assessments for certain situations , like hiring contractors , to ensure compliance and eliminate human error in following complex policy documents — helping companies to prevent oversights and providing a clear , auditable record of security reviews for things like site access .
“ This automated , always-available tracking is a core value driver for our customers ,” Rujul says .
How Zip is leveraging AI Like the majority of the sector , AI is having an impact on the way Zip operates . However , Zip ’ s approach to AI focuses on concrete , usable solutions rather than theoretical or abstract applications . This year , Zip unveiled a powerful suite of AI capabilities that eliminate thousands of employee hours previously spent on manual tasks , saving money and freeing up time for innovation .
One of these innovations is the Zip AI assistant . This AI-powered tool guides employees through the entire purchasing journey , simplifying complex policy documentation and allowing users to chat directly about policies or make purchase requests . Another key feature is the ‘ AI document extraction ’ capability . This advanced tool can parse data from various forms and agreements , creating a comprehensive single source of truth .
“This automated , always-available tracking is a core value driver for our customers ”
RUJUL ZAPARDE CEO , ZIP