Artificial intelligence as a new pillar of business

Artificial intelligence as a new pillar of business

According to a Gartner report, around 80% of IT developers believe that artificial intelligence and machine learning will soon replace most ERP processes.

One of the key technological innovations increasingly gaining ground in the business world is using artificial intelligence (AI) in enterprise resource planning (ERP) systems.

At Stroka Business Group, we have been actively involved in implementing the PANTHEON ERP system for many years. Leveraging the expertise of our artificial intelligence specialists in the R&D department, we've initiated an ambitious project to integrate AI into the PANTHEON ERP. The goal is to enhance multiple business processes.

In the world of the digital Olympus

The use of Artificial Intelligence (AI) in ERP systems can bring many benefits, including:

Improved productivity:

  • Automation of repetitive tasks such as data entry, approvals and reporting.
  • Increased accuracy and speed of data processing.
  • Freeing up staff time for more strategic and creative tasks.

Deeper insight into the business:

  • Analysis of large volumes of data from different sources to uncover hidden patterns and trends.
  • Anticipate future results and make more informed decisions.
  • Improving transparency and control of business.

Increased efficiency:

  • Optimising work processes and reducing costs.
  • Improved customer service and reduced response times.
  • Increasing the competitiveness of the company.

A new chapter in business efficiency

The Stroka Business Group has a team of experts who work daily to develop solutions based on the latest technologies. Since 2015, we have also been active in the field of artificial intelligence and machine learning. One of the projects involves implementing artificial intelligence in ERP PANTHEON:

  1. Chatbot as a knowledge base for PANTHEON users: a chatbot that will serve as a knowledge base for PANTHEON ERP users. It will allow users to access information quickly and easily, solve simple challenges at work and provide a first level of support.
  2. First Level Support for users: implementation of a first level of support that allows users to be quickly assisted with simple challenges. If the problem is not resolved, the information is passed on to the next level of support.
  3. Business pattern detection and sales recommendations: AI-based exploration of the extensive business database in the PANTHEON ERP system. The objective is to detect business patterns and recommend sales strategies based on predictive analytics.
  4. Quickly retrieve KPIs and help onboarding new users: AI enables quick retrieval of KPIs and acts as an assistant onboarding new users to the PANTHEON ERP system.
  5. Quick quote preparation via bot: bot functionality for quick quote preparation, helping to make the process of creating and sending quotes to customers more efficient.

Gateway to the digital future

PANTHEON ERP is a crucial component of many of our customers' businesses, enabling the integration of business processes and centralization of data. By prioritizing the integration of artificial intelligence, we are taking business optimization to the next level.

Key benefits of using AI in PANTHEON ERP:

  • Flexibility: artificial intelligence in PANTHEON ERP can be tailored to the specific needs of each company, allowing existing business processes to be maintained.
  • Easy implementation: the implementation of AI in PANTHEON ERP is simple and fast, which further contributes to the flexibility of the system.
  • Analytics for informed decision-making: the AI in PANTHEON ERP enables deep data analysis in real time. This goes beyond statistical reporting, as the system automatically recognises business patterns, identifies trends and delivers decision-critical information. This gives financial professionals an accurate view of the current situation and enables them to react quickly to dynamic market changes.
  • Automation for efficient operations: one of the most notable benefits of integrating AI into PANTHEON ERP is the automation of routine tasks. This includes processes such as payment processing, invoicing and transaction posting. This reduces human data entry, increasing accuracy and allowing employees to focus on more complex tasks.
  • Risk management with advanced analytics: business risks are a constant companion of operations, but the artificial intelligence in the PANTHEON ERP system enables advanced analysis and management of these risks. The system can analyse various data sources, including market trends, economic indicators and political events, and predict potential scenarios. This allows companies to be more flexible and respond more effectively to a changing environment.

The mythological turn: AI + PANTHEON

PANTHEON ERP system, which has already been instrumental in ensuring efficient operations, is becoming an innovative tool for companies that want to remain competitive in the digital age by integrating artificial intelligence. This combination not only improves existing processes, but also opens the door to new business opportunities and improved overall business performance. Modern companies that recognise the power and benefits of AI in ERP systems are embarking on the path to success in the digital future of business.

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