Atkinson sees step-change in the AI revolution
Automation Anywhere Inc (AAI), the world’s leading Agentic Process Automation (APA) platform from San Jose, and PwC India strengthened their partnership by integrating advanced Agentic AI capabilities from Automation Anywhere into PwC India’s proprietary Intelligent Spend Management Suite (ISMS).
PwC India’s Intelligent Spend Management Suite (ISMS) is an Agentic AI platform designed to transform the way businesses manage their spend and run their payable operations. This product leverages the power of Generative AI agents which will now be powered by Automation Anywhere https://digitalinasia.com/.
This will give ISMS specific capabilities to drive intelligent buying decisions, execute touchless account payables and enhance critical outcomes.
This modular, Agentic AI platform allows API integrations with existing systems to greatly improve operational efficiency, transparency and insights for better decisions.
In 2024, Automation Anywhere announced a strategic partnership with PwC India to develop Generative AI-driven solutions aimed at transforming key business operations.
The integration of Automation Anywhere’s advanced Agentic AI capabilities into PwC India’s Intelligent Spend Management Suite (ISMS) marks a significant milestone in the collaboration.
Commenting on the announcement with Automation Anywhere, Sanjeev Krishan, Chairperson, PwC in India, said on 22 Jan, “The integration of Automation Anywhere’s advanced Agentic AI capabilities into PwC India’s Intelligent Spend Management Suite represents a step forward in addressing some of the most pressing challenges faced by businesses today https://www.aibharatexpo.com/.
“By combining our deep industry insights, AI & Tech expertise and domain understanding with Automation Anywhere’s Agentic AI platform, we are empowering organizations across sectors to drive efficiency, enhance decision-making, and unlock greater value in their spend and payable operations.”
Joe Atkinson, PwC’s Global Chief AI Officer added, “Agentic AI is a step-change in the AI revolution, one that is going to play a significant role in the business model reinvention of enterprises globally https://www.meity.gov.in/.
“AI is starting to disrupt value chains across whole industries, and with ISMS value realization for businesses becomes real. I’m excited to see the collaboration between us and Automation Anywhere.”
“Our industry-leading Agentic Process Automation platform has the unparalleled ability to drive actions by solving real world customer problems with GenAI,” said Ankur Kothari, Chief Operating Officer, Automation Anywhere.
“We recognize PwC India’s market potential that will significantly increase the deployment of AI Agents aiding in a strategic long-term vision to deliver superior business outcomes for our customers,” he said.
Manpreet Singh Ahuja, Chief Digital Officer and Partner, PwC India, elaborated, “PwC India’s Intelligent Spend Management Suite which leverages Agentic AI, is an example of our commitment to move AI from experimentation to enterprise grade deployments.
“This product addresses a key business challenge: making payables management smarter and more efficient. Working with Automation Anywhere, we will be able bring collective expertise of both enterprises to solve client challenges.”
Key features of PwC India’s Intelligent Spend Management Suite (ISMS) include:
• Generative AI agents for advanced process insights, validation and executing actions
• Modular design for seamless integration with existing systems
• API-first architecture for faster implementation and scalability
• Strong underlying layer of data, validations, and workflow implementations
The combined efforts of Automation Anywhere with PwC India is poised to develop breakthrough solutions that will revolutionize the way of working across several business verticals. Fiinews.com
