Proactis Rego Cai to supercharge transactional coding with predictive AI
Proactis, the leading
Source-to-Pay (S2P) software solution provider, is delighted to announce the launch of
Proactis Rego Cai. Engineered to enhance the
AP Automation process through improved operational efficiency and accuracy, this cutting-edge technology leverages predictive AI and machine learning to elevate organisations from manual, error-prone coding in their order and invoice processes, to a more sophisticated, efficient and accurate AI-driven approach.
Seamlessly and exclusively integrated into Proactis
Procure-to-Pay, Rego Cai supports users by utilising historic data, and predictive AI, to create coding proposals for purchase orders and non-PO invoices. This helps decrease the time spent manually coding transactions, reducing the risk of human error, improving the accuracy of first-time coding​ and financial data, and reducing cumbersome downstream adjustment of codes. And, thanks to advanced machine learning, Rego Cai will continue to learn, once implemented, driving further accuracy of coding and improved data quality for reporting.
"Our goal with
Proactis Rego Cai is to not only enhance coding efficiency and accuracy, but also to allow our customers to repurpose their time to more effectively focus on higher-value activity," said
Toby Davidson, Proactis Chief Product & Technology Officer. "It's about reclaiming time and mental bandwidth to drive better business outcomes.
“At Proactis, we believe in the power of focus - on your goals, your work, and your success. This is why Proactis Rego Cai is designed to take care of the details, so you can reduce noise and keep your attention on what really matters.”
This launch is a key part of Proactis’ wider AI strategy and ongoing mission to drive innovation in the Source-to-Pay space to deliver maximum value to customers. 2024 saw the launch of its new
IPaaS to drive standardisation of integration and drive down time to integrate Source-to-Pay and wider technology stacks, and the launch of
Invoice Capture AI, adding machine learning capabilities to its already powerful Invoice Capture solution to enable the capture of invoices and conversion of unstructured data into truly electronic invoices – capability that is
yielding impressive results for customers.
Read more about Proactis AI
here.
Read more about Proactis Rego Cai
here.