Enterprise resource planning (ERP) platforms are evolving with the integration of generative AI capabilities. AI is enhancing ERP systems by automating routine tasks, improving decision-making, and optimizing processes. For example, in the plan-to-produce process, generative AI can aggregate real-time data from across an enterprise to provide managers with a clear picture of production and optimize timing. In the procure-to-pay process, AI streamlines procurement, reduces human error, and supports compliance efforts. In the quote-to-cash cycle, AI increases automation, speeds up negotiations and order management, and improves cash flow forecasts. By infusing AI, automation, and analytics into ERP processes, companies can optimize finance and supply chains and unlock agility in today's rapidly evolving marketplace.
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