Cognitive Automation in Procure-To-Pay: Re-Engineering Workflows with Rule-Aware Robotics

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Jagadeesh Vasanthada

Abstract

Whether manual processes, inefficiencies, or operational risks, the procurement-to-pay (P2P) process is at the heart of every enterprise. The traditional P2P system is high-costing, has a long cycle time, and is highly error-prone. You could re-engineer workflows using cognitive automation and rule-aware robots. Financial control and relationship strain with suppliers limit the finance and procurement teams’ ability to operate efficiently. We investigate how applying cognitive RPA’s optical character recognition and rules can create a more agile, accurate, and cost-effective P2P ecosystem. We don’t just automate tasks; we rethink your entire workflow: automated invoice processing, intelligent three-way matching, and streamlined exception handling. Providing P2P solutions across the globe. Organizations are looking to use rule-aware bots within existing platforms like SAP Ariba for straight-through processing, compliance, and to empower the finance team to move from transactional execution to financial management. The article presents a framework for this re-engineering process and shares the key operational and strategic benefits of a cognitive automation-first approach to the Procure-to-Pay cycle.

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How to Cite
Jagadeesh Vasanthada. (2022). Cognitive Automation in Procure-To-Pay: Re-Engineering Workflows with Rule-Aware Robotics. International Journal on Recent and Innovation Trends in Computing and Communication, 10(12), 596–600. Retrieved from https://ijritcc.org/index.php/ijritcc/article/view/11784
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