Manufacturing & Procurement
ProcureAI—ProcurementAutomation
₹180Cr procurement. Automated.
Overview
An AI-powered procurement automation system for Nexus Industries, a Jodhpur-based manufacturer with ₹180Cr annual procurement spend. Automates vendor comparison, PO generation, and invoice reconciliation.
Tech Stack
PythonFastAPIReactOpenAIPostgreSQLCelery
Key Metric
₹2.4Cr
Saved in first year
The Challenge
Nexus's procurement team of 12 was manually processing 400+ purchase orders monthly, comparing vendor quotes in spreadsheets, and reconciling invoices by hand. Error rate was 8% and payment delays averaged 22 days.
The Solution
- ✓ ProcureAI uses LLMs to parse vendor quotes from any format (PDF
- ✓ WhatsApp)
- ✓ auto-compare on price/lead-time/quality score
- ✓ draft POs for approval
- ✓ and reconcile invoices against GRNs with 99.2% accuracy.
The Impact
₹2.4Cr
Annual Savings
99.2%
Invoice Accuracy
22→4
Days to Pay (avg)
80%
Manual Work Eliminated
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