Quote processing is a time-consuming and error-prone process that consumes many hours of manual effort. Leverage the power of AI to transform quote processing for greater productivity, efficiency, cost-savings and accuracy. The EyeMagic engine extracts structured content from a variety of formats of quote submissions. It also verifies other criteria based on a rules-based engine which enables automation of the entire workflow related to quote processing. Automate tasks such as verification of the no incident statement when required, concisely summarizing trace history and rejecting or approving the quote based on set parameters. Whether processing quotes for parts or entire items, you can accelerate cycle time and complete quote processing in mere minutes with no manual intervention.
How it Works
Accelerate Process Cycle
Shorten process time by an exponential factor from days or weeks to mere minutes.
Minimize Costly Critical Errors
AI-powered accuracy minimizes the risk of errors while processing quotes.
Zero Manual Intervention
Lower costs and free manual resources by automating the workflow for quote processing.
Summarize Trace History
Convenient summarization of trace history saves time and verifies whether the quote is acceptable.
Leverage Rule-Based Automation
Automate multi-step workflows through rule-based automation that enhances productivity.
Process Multi-Format Quotes
Accurately process multiple formats of quote submissions from different vendors.
Extract structured data from quotes, trace documents etc. to assess quotes.
Requires Just One-time Training
Train just once to your parameters and inputs, then deploy end-to-end automation.