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Let us help you make better business decisions. Contact us today to start your Business Process Simulation journey.
Email: sales@silicoai.com
160 Kemp House, City Road, London, EC1V 2NX, UK
Want to know more? One of our team will reply to you as soon as possible and will be able to answer any questions you may have. We'd love to help you start making better decisions for your business.
Email: partnerships@silicoai.com
160 Kemp House, City Road, London, EC1V 2NX, UK
Business Process Simulation (BPS) with Silico unlocks efficiencies in your organisation’s Procure-to-Pay processes. Improve cash flow, manage risks, and maintain great supplier relationships. Silico can analyse your as-is Procure-to-Pay processes and let you test proposed designs in a risk-free virtual environment, optimising your return on investment (ROI) and focusing your improvement efforts.
Create a Digital Twin of your Procure-to-Pay processes backed by real data from process mining and your ERP systems, enabling you to proactively analyse and optimise at all stages, from purchase requisition through to supplier payment. Silico is built from the ground up to develop your processes into a full Digital Twin of your organisation (DTO). Start your DTO journey and rapidly expand the FutureSight of your organisation.
“Process mining combined with Silico process simulation has transformed our Procure-to-Pay process, enhanced our efficiency and driven measurable improvements for my organisation.”
Find your optimal Procure-to-Pay process through process reengineering, digitalisation, and automation.
Ensure procurement, goods receipt, and payment processes are optimised and quantify impacts by connecting processes to financial outcomes.
Run forward-looking procurement simulations to identify bottlenecks before they occur and mitigate Supply Chain risks to keep your business running effectively.
An understanding of your process from either process mapping, process mining, business intelligence tools, or discussions with your team
Your ideas for scenarios to challenge and future-proof your processes in forward-looking circumstances
Your ideas for process improvements and transformation initiatives that require testing and evaluation
Real-time data integration to your relevant systems
An understanding of decisions and problems of your operational decision-makers
Let’s take a look at how a Procure-to-Pay process simulation model works with Silico:
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use Silico to identify bottlenecks before they occur, allowing them to optimise resource allocation and focus automation or drive collaboration such as (EDI) electronic data interchange in the areas where they will have the most significant impact.
use Silico to run forward-looking Supply Chain scenarios, identifying risks before they occur and taking actions to enhance their Supply Chain.
use Silico to run forward-looking cash flow scenarios. By connecting procurement, goods receipt, and payment processes to operational and financial outcomes, they can mitigate risks, assuring long-term financial health for their organisations.
use Silico to maximise the impact of their improvements and optimisations. Silico analyses business processes, rapidly quantifies the impact of potential improvements, and identifies the best improvement combinations to ensure you build truly excellent processes.
Looking to see how Silico’s Business Process Simulation tool can impact your Procure to Pay process?
See how it impacted one of our customers in this free case study download
