Manufacturing

Gained complete spend visibility with realized savings of $2M in one fiscal year and 99% spend categorization

Challenges

The client is a leading agricultural cooperative that needed insights into company-wide direct and indirect spend. There was no centralized procurement function across more than 20 offices and five different systems.

Solutions

ElectrifAi solution realized spend visibility from 4 data sources through: Data Validation, Data Cleansing and Consolidation, Vendor Clustering and Parenting, Spend Classification, Data Extraction and Upload to Spend Analysis platform (EIQ).

Outcomes

$2M

spend savings realized in first year

99%

categorization of both direct and indirect spend

50%

supplier compression

Retail

Default and cash flow prediction for dealers of a leading global luxury automobile manufacturer to mitigate default and make informed business decisions

Energy & Chemicals

Unlocked $80M+ in potential savings by optimizing payment terms for a global chemicals manufacturer using only the PO, invoice, and payment data

ElectrifAi’s pre-built Machine Learning, NLP, and Computer Vision software products solve high-value business problems with guaranteed 5x ROI in 6-8 weeks. We call this transformative impact as Consequential Ai. Our products help you drive top-line revenue growth, improve operational efficiency and reduce risk, while you pay only when your KPIs are met. We partner with a diverse range of clients—from Fortune 500 to mid-sized enterprises—transforming their data into a strategic weapon to drive enterprise growth and profitability.