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What does it do?

  • Procurement Automation
  • Vendor Identification
  • Contract Validation
  • Guided Workflows
  • Enterprise Procurement

How is it used?

  • Integrate with ERP
  • automate procurement data analysis.
  • 1. Integrate w/ existing systems
  • 2. Automate data submission
  • 3. Analyze offers & contracts
See more

Who is it good for?

  • Operations Managers
  • Procurement Managers
  • Purchasing Agents
  • Supply Chain Professionals
  • Finance Managers

Details & Features

  • Made By

    Lio Technologies
  • Released On

    2023-10-24

askLio is an AI-driven platform that enhances procurement processes by automating and optimizing both operational and strategic tasks. It integrates seamlessly with existing systems and leverages generative artificial intelligence to handle unstructured data, providing procurement managers and departments with tools to streamline their workflows.

Key features:
- Seamless Integration: Connects with P2P systems (e.g., Coupa), ERP systems (e.g., SAP), and collaboration tools (e.g., Microsoft Teams).
- Generative AI Capabilities: Processes unstructured data from emails, PDFs, and contracts to automate data submission and analysis.
- Strategic AI Copilot: Assists in analyzing offers, contracts, and procurement markets, allowing procurement departments to focus on value-adding activities.
- Data Security and Compliance: Hosted on Microsoft Azure Europe, compliant with DIN ISO/IEC 27001 & 27018, and EU-GDPR, ensuring data privacy and security.
- Easy Implementation: Requires no additional IT resources for deployment.

How it works:
1. Users interact with askLio through their existing procurement systems.
2. The AI adapts to individual processes, allowing users to maintain their usual workflows.
3. askLio automatically analyzes and submits data from unstructured sources.
4. Procurement managers benefit from AI enhancements while reducing manual effort.

Integrations:
Coupa, SAP, Microsoft Teams

Use of AI:
askLio uses generative AI to process and analyze unstructured data, making it particularly effective for handling non-machine-readable documents. This capability allows for automation of data submission and analysis, significantly reducing manual effort in procurement processes.

AI foundation model:
The platform utilizes Microsoft Azure's AI capabilities as its foundation model, ensuring robust and scalable AI performance.

Target users:
- Procurement managers
- Procurement departments
- Organizations handling large volumes of unstructured data
- Companies seeking to streamline procurement activities

How to access:
askLio is available as a web application and integrates directly with existing enterprise systems. It can be deployed without requiring additional IT resources, making it accessible for organizations of various sizes.

  • Supported ecosystems
    Microsoft Teams, Microsoft
  • What does it do?
    Procurement Automation, Vendor Identification, Contract Validation, Guided Workflows, Enterprise Procurement
  • Who is it good for?
    Operations Managers, Procurement Managers, Purchasing Agents, Supply Chain Professionals, Finance Managers

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