Procurement processes
Automate your procurement processes with us and let ExB take care of quotation management and price entry in your ERP systems. Whether it’s an invoice, contract or receipt, our IDP platform processes your documents automatically and in real time.
How ExB handles your procurement processes
In the world of enterprise procurement, the process of managing quotes and entering prices into ERP systems can be time-consuming and error-prone. To overcome these challenges, ExB offers an intelligent document processing solution that automates this process to improve efficiency and accuracy.
Our IDP solution automatically reads and analyzes incoming offers, records all relevant information and compares it with your ERP system. All relevant information, such as item number, quantity, price and supplier details, is reliably captured. This information is then compared with the data stored in the ERP system. If there is a match, the price data is automatically entered in the system, while if there are discrepancies, quotations are forwarded for manual checking. This all happens completely automatically and in real time, so that quotations are processed quickly and efficiently.
Your advantages with ExB
The automated processing of procurement processes through an IDP platform offers numerous advantages – both for your employees and for the entire company.
Time savings
Automated document classification and routing significantly reduces manual effort, saving valuable work time.
Error minimization
Errors are human – and can be significantly minimized when processing documents using an AI-based IDP platform.
Security
Data protection and data security is a top priority for us, so your documents are protected in the best possible way at all times. Better safe than sorry.
Shortened response time
AI-driven management of your inbox makes the document management process extremely fast, resulting in shortened response times to customer inquiries (or other business needs).
Optimized workflows
ExB's IDP platform allows you to better organize and track documents. The result? Streamlined workflows and increased productivity.
Compliance
By automatically capturing and archiving all incoming documents, compliance with regulatory requirements and internal policies is guaranteed.
Four document types we process the most
Our AI-based IDP platform can process any type of document, but to give you a better understanding of exactly what that looks like, here are the 4 most common document types when it comes to procurement processes.
Quotes
Have your quotations processed by our IDP platform. These documents are the starting point for the procurement process. They contain detailed information about products or services a supplier offers, including prices, quantities, delivery times, and more.
Automation of procurement processes in any industry
Want to know if automated procurement processes will work in your industry? The answer is yes – because our AI-based platform helps you manage all your documents, regardless of the industry.
Delivery documents, maintenance reports or quality assurance files – our IDP platform transforms data-rich documents into valuable insights.
Our IDP platform enables transportation and logistics companies to better track and trace shippings, to optimize supply chains and to make informed decisions, leading to increased profitability.
We offer customized solutions specifically for the retail industry, using our IDP platform to process documents such as vendor invoices, inventory reports, and even customer feedback forms.
With our long lasting IDP experience in the insurance industry, we easily automate your processes so that you are able to make informed decisions faster and more accurately.
Improved patient care, more efficient workflows, and faster decisions - our IDP platform is revolutionizing healthcare.
“Thanks to ExB’s software, we were able to master the challenges of document processing in the logistics sector. The automatic assignment of order documents and the generation of instructions for our employees have significantly simplified and accelerated our processes.”
“ExB’s advanced technology enabled us to not only overcome AGILA’s challenges in animal health insurance, but also to provide added value. The high precision and automation of ExB’s AI extraction was a key factor in this.”
“When it comes to innovation, we’ve come to see ExB as the thought leader in AI and IDP, and a valuable sparring partner capable of championing the key strategic role of ML and automation.”
“Thanks to the collaboration with ExB, we have been able to tremendously optimize our email processes in conjunction with our procurement system. It is as if we have received a digital extension of our team, working tirelessly and accurately.”
endless possibilities.
ExB is an Intelligent Document Processing platform that transforms unstructured data from any type of document into structured results. Our AI-based software can not only extract all relevant information from your documents, but also understand them. This allows you to automate your processes and save both time & money, while improving your customer experience and employee satisfaction. Win-win.
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We are here for you.
- Questions, feedback, discussions – we take time for your individual request. Simply send us a non-binding message via the contact form.
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- We would also be happy to meet you in person – you can find us in Munich and Leipzig.
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