Genpact Advances AI Innovation with Agentic Accounts Payable Solutions
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Genpact AP Suite improves cash flow, strengthens supplier relationships, and cuts organizational inefficiencies
"Our Service-as-Agentic-Solutions are proprietary Genpact products that transform mission-critical business processes," said
The Genpact AP Suite
The Genpact AP Suite consists of four product modules, each with a network of AI agents that proactively manage the nuances of accounts payable: AP Capture, AP Advance, AP Trace, and AP Assist.
Pre-trained, self-learning AI agents optimize every stage of the AP process: intelligently ingesting and validating invoices to enhance touchless processing, resolving exceptions, and continuously adapting to changes in supplier terms, tax rules, and approval hierarchies to streamline inquiry resolution and minimize human intervention.
The Genpact AP Suite is already delivering measurable results for clients, including:
- More accurate autonomous data capture
- Greater touchless processing with significant productivity benefits
- Enhanced cash visibility and reduced leakage with up to 90% early discount capture
- Improved supplier relationships through high-speed processing and automated supplier query resolution
"The Genpact AP Suite addresses inefficiencies, reduces errors, eliminates manual workflows, and elevates finance from a cost center to a pivotal strategic differentiator," continued Han. "With the Genpact AP Suite, we're combining agentic AI agents, human intelligence, and autonomous goal-oriented processes into a vital system that drives results and continuously learns and improves."
"We commend Genpact for launching its AP Assist product and showcasing how agentic AI can help us reimagine our Accounts Payable helpdesk," said
Powered by Microsoft's Azure AI Foundry and Azure Analytics Services, the Genpact AP Suite orchestrates, optimizes, and executes AP tasks, ushering in a new era of autonomous finance.
"Genpact's launch of an agentic AI product for accounts payable is a proof point of AI's ability to automate complex multi-step workflows and an exciting milestone for our companies as we look to lead the next wave of agentic AI transformation," said
"Agentic AI addresses the limited adaptability and autonomy in current AP automation technologies required to operate at scale in dynamic business environments," said
To learn more about the Genpact AP Suite, visit www.genpact.com/ap-suite.
About Genpact
Genpact (NYSE: G) is an advanced technology services and solutions company that delivers lasting value for leading enterprises globally. Through our deep business knowledge, operational excellence, and cutting-edge solutions – we help companies across industries get ahead and stay ahead. Powered by curiosity, courage, and innovation, our teams implement data, technology, and AI to create tomorrow, today. Get to know us at genpact.com and on LinkedIn, X, YouTube, and Facebook.
MEDIA CONTACT:
Genpact Media Relations
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SOURCE Genpact
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