Automation Anywhere and PwC India collaborate to boost intelligent spend management

Programmatic-Automation

Key Takeaways

Automation Anywhere and PwC India have partnered to integrate advanced Agentic AI capabilities into PwC India's Intelligent Spend Management Suite (ISMS), enhancing efficiency in finance operations.

The modular design of ISMS allows for seamless integration with existing systems through APIs, facilitating faster implementation, scalability and improved operational transparency.

The collaboration focuses on leveraging generative AI to revolutionize spend management, drive innovation and deliver data-driven solutions that address evolving organizational challenges.

Automation Anywhere has announced a partnership with PwC India to help it enhance its Intelligent Spend Management Suite (ISMS) by integrating advanced Agentic AI capabilities. This development is expected to significantly improve efficiency within finance operations and drive innovation in spend management.

PwC India’s ISMS is a platform designed to optimize spend management and streamline payable operations using advanced generative AI agents. With Automation Anywhere’s technology, ISMS can offer enhanced features that enable intelligent purchasing decisions, touchless accounts payable processing and improved outcomes for businesses.

Commenting on the announcement, Sanjeev Krishan, chairperson of PwC India, said: “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. 

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“By combining our deep industry insights, AI and 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.”

The ISMS platform’s modular design allows it to integrate with existing systems through APIs, offering improved operational efficiency, transparency and data-driven insights. The platform also incorporates a robust layer of data validation and workflow automation to support better decision-making.

Ankur Kothari, COO of Automation Anywhere expressed his confidence in the company’s Agentic Process Automation platform “to drive actions by solving real-world customer problems with GenAI”.

“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. 

This integration follows the strategic partnership established in 2024 between Automation Anywhere and PwC India, aimed at leveraging generative AI to transform business operations. The collaboration seeks to revolutionize key finance functions by delivering innovative solutions that address evolving organizational needs.

Key Features of PwC India’s ISMS include generative AI agents which provide advanced insights, process validation and automated execution of actions along with a modular design which ensures compatibility and seamless integration with existing enterprise systems.

Other key benefits include API-First architecture to support faster implementation and scalability and data-driven workflows to enhance operational transparency and decision-making processes.

What it means for ERP Insiders

PwC India and Automation Anywhere have joined forces to revolutionize spend management through advanced Agentic AI. Their partnership integrates technology with deep industry insights to tackle challenges in financial operations and drive business efficiency.

Key Highlights:

  • Intelligent Spend Management Suite (ISMS): PwC India’s platform leverages generative AI agents to optimize spend management and streamline accounts payable processes.
  • Agentic AI Integration: Automation Anywhere’s technology enhances ISMS with intelligent purchasing, touchless processing and data-driven decision-making.
  • Modular Design: ISMS ensures seamless integration with existing enterprise systems using APIs, supporting faster implementation and scalability.
  • Data-Driven Workflow: Built-in validation and workflow automation improve operational transparency and decision-making.
  • Strategic Vision: The collaboration underscores a commitment to reshaping financial operations, delivering innovative solutions that meet evolving organizational needs.

This partnership emphasizes the potential of Agentic AI in reshaping financial and operational processes across industries. By combining Automation Anywhere’s technological expertise with PwC India’s industry insights, the initiative aims to deliver transformative solutions that redefine business efficiency and effectiveness.