Elevate Procurement Process with Innovative Generative AI Solutions.
Introducing IVC- A comprehensive system designed to streamline and optimize the process of sourcing, purchasing, and managing goods and services within an organization. It encompasses a range of tools, technologies, and strategies aimed at improving efficiency, reducing costs, mitigating risks, and enhancing overall procurement performance.IVC has the potential to transform your day-to-day sourcing and procurement operations
- Assisted Supplier Setup
- Contract Summarization
- Supplier Assesment Summarisation
- Chat With Your Documents
- Transparent Compliance and Governance
- Category Monitor
Real Time Category Intelligence
Perform in-depth analysis within a specific category to compile a comprehensive intelligence report. This report will delve into the effects of various factors within the category, assess potential risks associated with these factors, and offer actionable recommendations to address these risks effectively.
Why do I need to implement AI into my solution ?
In today’s dynamic business landscape, the race for procurement efficiency and a competitive edge is relentless. Enter RiditStack’s Intelligent Virtual Companion (IVC) – powered by cutting-edge Generative AI (Gen AI). Seamlessly integrated into your daily activities, IVC empowers your procurement team to shift their focus towards strategic initiatives, while enhancing overall productivity.