Tipalti

Streamlining procurement with AI-driven automation, propelling Approve.com towards operational excellence and scalability

Cybersecurity
FinTech

Background: Approve.com is a fast-growing software company that provides a cloud-based procurement platform for businesses.

The Challenge: Approve.com approached our company with a challenge to improve their platform's efficiency and accuracy in handling procurement processes. They had been facing various issues such as slow processing times, data inaccuracies, and difficulties in managing large volumes of transactions. These issues were hampering their growth and affecting their ability to serve their clients.

Our Solution: Our team conducted a comprehensive analysis of Approve.com's procurement platform and identified the underlying causes of the issues they were facing. We realized that the existing system lacked automation and had several manual processes that were prone to errors. Our team developed a customized solution to automate the procurement process, from requisition to approval, to purchase order generation.We integrated advanced features such as machine learning algorithms and natural language processing to improve the accuracy and efficiency of data processing. We also developed an analytics dashboard to provide real-time insights into the procurement process and enable data-driven decision-making.

Technology: Our team used modern technologies such as Python, React, and Docker to develop a scalable and robust platform. We deployed the platform on Amazon Web Services (AWS) to ensure high availability and reliability. We also integrated various third-party APIs to provide additional functionality, such as payment processing and supplier management.

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