Procurement

Transform procurement operations with Aera skills that automate sourcing decisions, optimize supplier performance, ensure compliance, and much more.

Spend Optimization

Gain visibility into procurement spend to uncover savings and drive efficiency.

Understands

Analyzes spend across categories, suppliers, and regions to detect inefficiencies.

Recommends

Identifies consolidation, cost-saving, and negotiation opportunities.

Acts

Automates spending adjustments, sourcing decisions, and prioritization of savings initiatives.
Learns Continuously improves optimization logic by learning from outcomes to reduce total procurement costs, improve category-level efficiency, and maximize ROI on supplier spend.

Learns

Continuously improves optimization logic by learning from outcomes to reduce total procurement costs, improve category-level efficiency, and maximize ROI on supplier spend.

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Best Supplier Selection

Identify the most reliable and cost-effective suppliers for every procurement need.

Understands

Evaluates supplier data, including price, lead time, performance, and risk indicators.

Recommends

Suggests the optimal supplier mix for each item or category based on cost and reliability.

Acts

Automates supplier selection, onboarding, and contract negotiation workflows.

Learns

Continuously improves supplier scoring by learning from outcomes to improve sourcing consistency, reduce supplier-related risks, and strengthen procurement performance.

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Supplier Buyer Collaboration

Enhance visibility and alignment between buyers and suppliers for seamless execution.

Understands

Tracks supplier performance, forecast accuracy, and delivery commitments.

Recommends

Identifies collaboration opportunities to synchronize supply with demand.

Acts

Automates forecast sharing, PO confirmations, and delivery updates to ensure alignment.

Learns

Continuously improves collaboration models by learning from outcomes to reduce material shortages, increase service levels, and improve supplier partnerships.

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Supply Resilience

Build a resilient supplier ecosystem by anticipating disruptions and securing alternatives.

Understands

Monitors supplier performance, dependencies, and external risk indicators.

Recommends

Proposes alternate sourcing or safety-stock strategies to mitigate potential disruptions.

Acts

Automates supply chain adjustments to maintain continuity during unplanned events.

Learns

Continuously improves resilience models by learning from outcomes to prevent supply interruptions, improve operational stability, and strengthen risk-management readiness.

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PO Lifecycle Automation

Streamline procurement operations by automating purchase order lifecycle.

Understands

Analyzes procurement patterns and approval workflows to identify inefficiencies.

Recommends

Suggests workflow optimizations and approval thresholds for faster processing.

Acts

Automates PO creation, validation, routing, and updates to minimize manual effort.

Learns

Continuously improves PO logic by learning from outcomes to reduce processing errors, improve operational agility, and enhance procurement productivity.

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Four-Way Match

Accelerate invoice processing and eliminate payment discrepancies with automated matching.

Understands

Compares invoices with purchase orders, goods receipts, and payment records to detect mismatches.

Recommends

Highlights prioritized exceptions with financial impact and resolution options.

Acts

Executes automated matching and payment actions, including credit-note creation and approvals.

Learns

Continuously improves matching accuracy by learning from outcomes to prevent overpayments, reduce exception-handling time, and strengthen supplier trust.

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Purchase Price Variance

Gain transparency into purchase price deviations and drive corrective procurement actions.

Understands

Compares actual purchase prices against standard or contracted rates.

Recommends

Flags anomalies and proposes corrective actions or renegotiation opportunities.

Acts

Triggers alerts and automates price-adjustment workflows for faster resolution.

Learns

Continuously improves variance detection by learning from outcomes to improve pricing discipline, reduce cost leakage, and strengthen contract compliance.

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Contract Coverage

Optimize procurement efficiency by ensuring comprehensive contract coverage.

Understands

Identifies gaps in contract coverage for critical categories by analyzing spend patterns and supplier relationships.

Recommends

Proposes contract updates or new agreements to mitigate risks and optimize procurement terms.

Acts

Automates contract creation and renewal processes, triggering negotiations and approval workflows.

Learns

Continuously improves contract optimization strategies by learning from outcomes to reduce procurement delays, improve compliance and contract adherence, and ensure consistent supplier performance.

Material Risk Management

Mitigate supply risks proactively to ensure material availability and quality.

Understands

Monitors risk factors such as delays, quality issues, and geopolitical events impacting supply.

Recommends

Suggests mitigation plans including alternate sourcing or safety-stock adjustments.

Acts

Executes contingency actions to maintain production continuity.

Learns

Continuously improves risk prediction by learning from outcomes to reduce supply disruptions, enhance reliability, and strengthen overall supply resilience.

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Explore Other Business Functions

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Supply Chain

Optimize end-to-end supply chain operations with Aera Skills that sense demand shifts, balance inventory, orchestrate logistics, and much more.

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Sales & Marketing

Accelerate revenue growth with Aera skills that refine pricing strategies, align sales execution, optimize demand generation, and much more.

Finance

Elevate financial planning with Aera skills that automate forecasting and planning, optimize budgets, provide real-time financial insights, and much more.

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Resources

What is Decision Intelligence

This guide introduces decision intelligence — what it does, why it’s different, and where it delivers value across the enterprise.

IDC Marketscape for Decision Intelligence Platforms

Aera Technology has been named a Leader in the IDC MarketScape for Decision Intelligence Platforms 2024.

Aera Technology Customers

Leaders at some of the world’s biggest and fastest-growing companies trust Aera to digitize and automate thousands of decisions every day.

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