Genpact Launches Agentic AI-Powered AP Suite to Revolutionize Accounts Payable
Genpact, a global leader in advanced technology services, has launched the Genpact AP Suite, a new agentic solution designed to transform accounts payable (AP) processes. The suite, part of Genpact's broader Service-as-Agentic-Solutions portfolio, leverages Microsoft Azure's AI stack to deliver autonomous, goal-oriented tools for enhancing AP tasks.
With capabilities in document processing, predictive insights, and conversational AI, the suite aims to streamline AP workflows while minimizing manual intervention.
Key Features of the Genpact AP Suite
The Genpact AP Suite consists of four main modules: AP Capture, AP Advance, AP Trace, and AP Assist. These modules are powered by self-learning AI agents that enhance every stage of the AP process.
The AI agents autonomously validate invoices, resolve exceptions, and adapt to changes such as supplier terms, tax rules, and approval hierarchies. This makes the entire AP process more efficient, touchless, and capable of handling complex workflows with reduced human involvement.
Genpact’s AP Suite boosts accuracy, productivity, and cash flow by enabling autonomous data capture, touchless processing, and early discount capture. It also strengthens supplier ties and transforms finance into a strategic asset.
Client Testimonials and Real-World Application
Caitlyn Carr, President & CEO of Coca-Cola Bottlers Sales & Services, said, "We commend Genpact for launching its AP Assist product and showcasing how agentic AI can help us reimagine our Accounts Payable helpdesk.”
She added, “Together with Genpact, we've created a seamless experience for our bottlers and suppliers that exemplifies the power of leveraging advanced technology capabilities, business process expertise, partnership, and trust to succeed in today's fast-evolving world."
Also read: Conquest Planning Raises $80 Million in Series B Funding to Revolutionize Financial Planning with AI
Powered by Microsoft’s Azure AI
The Genpact AP Suite is built on Microsoft’s Azure AI Foundry and Azure Analytics Services. By integrating advanced AI capabilities with Microsoft’s enterprise-grade security, compliance, and data governance features, Genpact ensures that organizations can trust the solution for finance transformation.
