How Aera Decision Cloud™️ Transforms Procurement

Seamless procurement processes can make the difference between profitability and loss. As procurement continues to become more complex, efficient decision making has become a competitive differentiator. Our AI platform digitizes and automates decision making, overcoming today’s procurement challenges.

Understands

Collects, cleans, classifies, and organizes all cost data, helping organizations identify the root causes behind discrepancies.

Recommends

Delivers in-depth insights and recommendations on sourcing strategies and organizational spend performance.

Acts

Automates decision making and execution based on configurable business policies and rules.

Learns

Improves supplier relationships by continuously monitoring the supplier performance and outcomes of past decisions.

Your enterprise needs real-time, end-to-end visibility, data-driven recommendations, and the ability to execute decisions at the moment of maximum impact. AI has made it possible for companies to better manage suppliers, capitalize on opportunities, and mitigate risks.

“With its Aera Decision Cloud platform, Aera is providing the AI and machine learning innovation required to help businesses automate decisions and advance decision management, no matter the complexity or size of their operations.”

— James Johnson, Managing Director of AI Breakthrough

Aera Decision Cloud helps companies address procurement decision-making challenges:

  • Automate routine processes, freeing up buyers to focus exclusively on exception management.
  • Accelerate the exchange of detailed information between buyers and vendors.
  • Increase the coverage of spend managed for direct and indirect procurement.
With Decision Intelligence delivered by Aera Decision Cloud, companies can respond more quickly to change:

Automatically identifies deviations between the actual purchase price of an item and its standard or baseline price.

Ensures contracts for materials are in place to meet forecasted demand and recommends allocations to selected vendors.

Finds opportunities to renegotiate when the same supplier has multiple contracts with different terms.

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