Automation Anywhere Inc. and PwC India have strengthened their partnership by integrating advanced Agentic AI capabilities into PwC’s Intelligent Spend Management Suite (ISMS). This collaboration aims to enhance how businesses manage spending and streamline payable operations. The ISMS platform will utilize Generative AI to help organizations make smarter buying decisions and automate account payables. The modular design allows seamless integration with existing systems, improving efficiency and decision-making. Key leaders from both companies emphasized the importance of this advancement in overcoming business challenges and unlocking greater value in financial operations. This partnership highlights a commitment to driving innovation and AI deployment across industries, aiming to transform the future of work.
Automation Anywhere Partners with PwC India for Enhanced Spend Management Solutions
DAVOS, Switzerland – January 22, 2025 – Automation Anywhere Inc., a leader in Agentic Process Automation (APA), has announced a strengthened partnership with PwC India. The two firms have integrated advanced Agentic AI capabilities from Automation Anywhere into PwC India’s Intelligent Spend Management Suite (ISMS). This collaboration aims to innovate how businesses manage their spending and operations.
PwC India’s ISMS is designed to revolutionize spend management using Generative AI agents. With Automation Anywhere’s cutting-edge AI technology, the platform will enable companies to make intelligent buying choices, automate accounts payable, and improve overall financial outcomes. The modular design of ISMS allows easy integration with existing systems, enhancing operational efficiency and decision-making processes.
In 2024, Automation Anywhere and PwC India formed a strategic partnership to create generative AI-driven solutions for key business operations. The integration of AI capabilities within ISMS is a significant milestone, helping businesses address challenges in expense management.
Sanjeev Krishan, the Chairperson of PwC in India, expressed that the collaboration combines industry insights with AI expertise. This synergy empowers organizations to enhance operational efficiencies and drive better financial decisions. Joe Atkinson, PwC’s Global Chief AI Officer, emphasized that Agentic AI is crucial in reshaping business models and value chains across industries.
Ankur Kothari, COO of Automation Anywhere, highlighted the transformative potential of their AI platform in solving real customer problems. The collaboration with PwC India aims to increase the deployment of AI agents to improve business outcomes significantly.
Key Features of PwC India’s Intelligent Spend Management Suite (ISMS) Include:
– Generative AI agents for deeper insights and automated actions
– Modular design for smooth integration with current systems
– API-first structure allowing rapid implementation and scalability
– Robust data validation and workflow capabilities
The partnership between Automation Anywhere and PwC India is set to create groundbreaking solutions that will enhance numerous business sectors.
About Automation Anywhere Inc:
Automation Anywhere is a global leader in automation platforms, utilizing AI to boost productivity and enrich customer experiences. Their focus is on deploying AI-powered automation to reshape the future of work.
About PwC:
PwC is dedicated to building trust and solving vital societal challenges. With a presence in 152 countries and over 327,000 professionals, PwC delivers quality Assurance, Advisory, and Tax services.
With this collaboration, both companies are committed to taking AI from experimentation to effective enterprise solutions that address critical business obstacles.
What is Automation Anywhere’s AI Agents Power?
Automation Anywhere’s AI Agents Power is a feature in PwC India’s Intelligent Spend Management Suite that helps businesses automate and enhance their spending processes. These intelligent agents use AI to streamline tasks, improve data analysis, and support smarter decision-making.
How does AI benefit PwC’s Intelligent Spend Management Suite?
AI improves PwC’s Intelligent Spend Management Suite by optimizing expense tracking, forecasting budgets, and identifying saving opportunities. The use of AI makes the system more efficient and helps users make better spending decisions based on real-time data.
Can small businesses use AI Agents in the suite?
Yes, small businesses can also benefit from AI Agents in the suite. These tools are scalable and designed to help businesses of all sizes manage their budgets, track expenses, and gain insights without needing extensive resources.
Is it easy to integrate AI Agents into existing systems?
Yes, integrating AI Agents into existing systems is typically straightforward. The suite is designed to work with various business software, allowing companies to enhance their current processes with minimal disruption.
How do AI Agents ensure data security?
AI Agents prioritize data security by following strict protocols and encryption methods. They ensure that sensitive financial data is protected during analysis and reporting, helping businesses maintain trust and compliance with regulations.