AI in finance and procurement
Speed up processes and reduce manual work with embedded AI capabilities in all our solutions so your business can make smarter decisions on real-time data.
At Dynatos, we recognize AI’s transformative impact on intelligent document processing (IDP), finance and procurement processes and the Business Spend Management (BSM) market in total. The software solutions we implement are embedded with advanced AI capabilities, driving efficiency, accuracy, and strategic insights across finance and procurement functions and more.
Revolutionize document processing with Routty IDP
Routty Intelligent Document Processing (IDP) revolutionizes document-centric business processes by providing a scalable, multi-tenant SaaS platform equipped with advanced AI capabilities. It automates and optimizes workflows through dynamic verification forms that require no complex coding, ensuring efficient classification, data extraction, interpretation, and decision-making.
Routty IDP accurately processes diverse document types, such as order confirmations, sales orders and contracts, reducing manual intervention and errors while enhancing productivity. Its AI-driven insights enable real-time, data-based decisions, driving continuous improvement and business growth, making it an indispensable tool for enterprises aiming for efficiency and strategic advantage in the digital age.
Process Excellence achieved with AI
Microsoft Power Automate is at the forefront of process excellence in finance. Power Automate’s AI-powered robotic process automation (RPA) automates repetitive financial tasks such as data entry, and reconciliation. The AI Builder offers pre-built models for form processing, object detection, and text classification, enhancing document automation and expense reporting. Natural Language Processing (NLP) improves user interactions with financial systems, making workflows more intuitive and efficient.
AI in Business Spend Management
Coupa’s AI capabilities are integral to its business spend management solutions. The platform leverages AI for spend analysis, identifying savings opportunities, and ensuring compliance with corporate policies. Its AI-driven invoice processing reduces manual entry errors and accelerates payment cycles. Coupa’s expense management system detects fraudulent activities, ensuring adherence to policies while providing insights into spending behaviors. In procurement, AI aids in supplier discovery, risk assessment, and contract management, optimizing procurement processes and driving cost-effectiveness.
AI driven process automation
Experience the next generation of intelligent automation. Tungsten’s proven AI capabilities are now elevated by the transformative potential of Generative AI (GAI). Seamlessly integrated with Tungsten Intelligent Automation Solutions, GAI merges human expertise with Artificial Intelligence to revolutionize decision-making, boost efficiency, and redefine workflows.
Frequently asked questions
AI improves operational efficiency by automating manual tasks, accurately extracting data, and providing real-time insights. This enables finance and procurement teams to speed up processing, lower errors, ensure better compliance, and make quicker, data-driven decisions throughout the entire Source-to-Pay and Record-to-Report cycle.
Intelligent Document Processing (IDP) leverages machine learning, natural language processing, and advanced OCR to extract, classify, and validate financial data from both structured and unstructured documents. This minimizes manual data entry and supports straight-through processing for invoices, contracts, and procurement documents.
AI solutions analyze spending patterns, identify savings opportunities, detect anomalies, and forecast budget needs. By consolidating and interpreting data across systems, AI helps procurement and finance teams improve supplier management, boost compliance, and gain better control over company-wide spending.
Yes. AI enhances governance by standardizing workflows, monitoring policy compliance, and identifying inconsistencies or risks in real time. Systems like Microsoft Power Automate and Coupa use AI to enforce established rules, track approvals, and generate audit-ready documentation for both internal and external compliance needs.
Organisations typically begin by digitising document-heavy processes, integrating AI-enabled tools into ERP and procurement systems, and automating repetitive workflows. Platforms such as Routty (IDP), Coupa and Microsoft Power Automate can provide the AI capabilities for data extraction, insights and decision support. These can then be orchestrated with workflow and process automation solutions such as Tungsten Automation to embed AI-driven insights into end-to-end finance and procurement processes.
Innovative software, impressive results
