Artificial Intelligence

AI with Machine Learning

With the introduction of digital and embracing new message streams from digital, a new approach to making sense of all this data is needed. Artificial Intelligence and Machine Learning Machine (a subset of AI) gives computers the ability to make sense of, and learn from data to perform specific tasks without manual interference. It provides analysis and insights to users, addressing the large amounts of structured and unstructured business and industry data that companies increasingly need to consider as part of their decision-making process.

Using AI, SYSPRO ERP unites social media capabilities, internal and external collaboration, and machine learning into a single offering to manage targeted and highly complex tasks, providing you and your users with real-time analysis and insights to be able to act on quickly and efficiently.

The July 2018 release of SYSPRO 8 gives the ERP industry its most approachable implementations of the newest innovations: Machine Learning (ML) and Artificial Intelligence (AI). SYSPRO 8’s “AI to UI” engine includes an ML designer for non-technical users to design their own AI models, to give users the very specific insights, predictions, and anomaly detection they need – and weeds out what they don’t need. So users can build views that “learn” from repeated user actions around suppliers (likelihood of on-schedule delivery); production (predicting final job costs); cash flow (predictions in working capital management); and sales orders (contextual recommendation engine), and provide views, alerts, and remediation paths based on the combined experience of users.

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– Robert Mahowald, 451 Research Group

The Benefits and Intelligence of AI in SYSPRO

AI finds structure and regularities in data so that over time the algorithm becomes a classifier or a predicator. The algorithm is able to teach itself what relevant information or insights to surface that will enable quicker decision making across the supply chain.

AI adds intelligence to your existing ERP solution

AI finds structure and regularities in data so that over time the algorithm becomes a classifier or a predicator. The algorithm is able to teach itself what relevant information or insights to surface that will enable quicker decision making across the supply chain.

with algorithms that are self-learning, over time, your data forms part of your industry intellectual property, providing you with insights that will give you a competitive advantage.

Why Artificial Intelligence and Machine Learning?

In a business context, when coupled with the power of ERP, AI can answer questions about your business you have yet to ask.
Here a few examples of the many ways this plays out in practice:

Fraud detection

with AI sitting on top of your ERP database, fraud detection becomes easy. AI trawls through your database detecting the norm for particular users, and compares this to all transactions, for example, posting of sales orders, requisitions and purchase orders. If anomalies are found the relevant people are immediately alerted.

Collaborative filtering

Online retailers like EBay and Amazon have been using this for years: ‘people who buy X also buy Z’. This same technology allows your sales team to cross-sell and up-sell by examining past similar transactions, and pushing this information to them instantly.

Trend detection

Social media platforms like Twitter give you quick access to what’s trending around the globe. Similarly AI gives you the same information within your business. What would have historically required the pulling and collation of several reports is now achieved automatically by AI pushing the relevant information to you. This takes your ERP from a system of record to a system of engagement.

Computer Vision

AI has the ability to analyze stills and video images in real time. A good example is OCR, or optical character recognition, where a picture of an invoice or a stock code and quantity can be posted to your ERP and captured automatically, or a receipt form a business lunch photographed and posted as an expense for reclamation. Another example would be facial recognition in a warehouse through an existing camera system that detects unauthorized use of machinery, or unauthorized access to restricted areas.

SYSPRO is a world leader in ERP

Enabling positive disruption in companies, which leads to real-world innovation adding value to our customer’s businesses.