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Augmented Intelligence
For Procure to Pay
Augmented Intelligence for P2PContent• What is it all about? • What is possible? • How do we get there? • Why do we care?• Who can help you? • When is the best time to start?• What is the first step?
Augmented Intelligence for P2PWhat is It all about?• It is about …• … machines that understand, reason, and learn within the confines of
algorithms,• … utilizing computing power to merge unstructured data from various
sources with structured enterprise data to develop new sourcing strategies, predict demands, and identify risks,• … shifting tasks to the appropriate resource,• …
• for the purpose of assisting humans in making better, more informed, and faster purchasing decisions.
Augmented Intelligence for P2PWhat is possible?• Dream big or go home. The sky is the limit. • What if it was possible to predict …• … a disruption in the supply chain due to a tornado before it occurs?
https://www-03.ibm.com/press/us/en/pressrelease/46446.wss
• … demand before it is created?https://dupress.deloitte.com/dup-us-en/deloitte-review/issue-19/art-of-forecasting-human-in-the-loop-machine-learning.html
• … the hidden costs of a contract before it is signed?https://twitter.com/askMICA
• What are your possibilities?
Augmented Intelligence for P2PHow do we get there?• Internal ideation• Idea campaigns• Solution providers• Market research companies• Consulting firms
• Start the journey from where you are!
Tasks• Chatbot• RPA
Enhanced Process• VCA• VPA
Creates New Business Models• AI
Augmented Intelligence for P2PWhy do we care?• Business is competitive!• P2P has scarce resources to produce great savings!• Work smarter, not harder!• Let machines work harder, while humans work smarter!
Augmented Intelligence for P2PWho can help you?• P2P professionals• Trainers, speakers, moderators• Technology providers• Innovation incubators• Consulting firms
• But most importantly, you must have someone in your corner that can guide you on the journey, a coach that urges you on when the going gets tough.
Augmented Intelligence for P2PWhen is the best time to Start?• Now!• Today!• Not tomorrow! • Not next quarter!• Now!
• It is a long journey!
Augmented Intelligence for P2PWhat is the first step?• Brainstorming http://www.baloonr.com
• Business model canvas http://www.strategyzer.com
• Use case template [email me]• User stories template http://ww.mountaingoatsoftware.com/agile/user-stories
• Elevator pitch http://ww.amanet.org/training/articles/Perfecting-Your-Elevator-Pitch.aspx
• Evaluation template [email me]• Hire your guide [email me or talk to me]
Contact• [email protected] • https://www.linkedin.com/company/cognitive-procurement • https://twitter.com/ai4p2p • Phone: 224.325.5898• @ai4p2p• #ai4p2p
