Activate Data to Drive Value in a Hard Market
Clean data improves business performance
Investing in data improvement not only provides the opportunity for immediate gains, but it also enables you to create compounding value for the future.
How poor data quality impacts enterprise
Poor data is costing organisations in a number of ways. These include:
Higher processing cost: The Harvard Business Review's 'rule of ten' states that it costs ten times as much to complete a unit of work when the data is flawed than when the data is perfect
Increased human capital costs, wasted time and frustration from teams and customers
Poor decision making
Opportunity cost from loss of competitive advantage
Inadequate management of potential supply chain risks
Loss of profit
Common spend data issues
Spend data from large organisations is often in multiple systems
in disparate formats
Data accuracy is often defined as
Completeness Are all aspects of the data set recorded?
Uniqueness Is there a single view of the data?
Consistency Can data be matched across different sets?
Validity Does the data fit the defined requirements?
Accuracy Does the data represents the reality?
Timeliness Is data captured in a timely manner?
Accelerate Treasury Digitization
Data Kaizen. Drive continuous data improvement through a collaborative, central AI driven platform. Give key stakeholders a comprehensive
view of treasury payments through extensive pre-configured and custom lenses at any time.
Unlock Working Capital
Astute management of payment flows can reveal great financial advantages. It's as much about cost saving through automating processes as it is finding supply chain flags early and quickly creating new pathways to minimise disruption.
We're supply chain leaders with data DNA.
The Robobai Team automates the process of data consolidation from multiple sources. We leverage our custom AI engine to consolidate, classify and categorise spend data quickly and easily, at a low cost. Our process requires no integration and takes days not months.
Know More. Buy Better.
Robobai’s goal is to create positive change within the environment and comminutes across the globe by helping organisations to optimize the financial and ethical impacts of their global supply chain.