Welcome to the online press kit for RobobAI

RobobAI, a trailblazer in helping businesses manage their spend visibility, optimize B2B payments, and reduce supplier risks, is pleased to share detailed information about their innovative AI-driven solutions. This overview provides a clear understanding of who RobobAI is, what they offer, and why they are a valuable partner for companies around the world.

RobobAI (pronounced “robo buy”) revolutionizes how businesses gain a 360º view of their spend so they can streamline payment processes and tackle supplier risks. Utilizing cutting-edge AI technology and strong partnerships with global banks and technology leaders, they create effective, budget-friendly solutions tailored to the needs of multinational corporations and other enterprises.

"Implementing RobobAI's supplier management software has revolutionized our operations. With this powerful tool, we've gained unprecedented control and visibility into our supplier relationships, enabling us to streamline processes, enhance collaboration and improve compliance across the board." Chief Procurement Manager, Retailer

Advanced Data Analysis: RobobAI unifies large volumes of disparate data to provide enterprise organizations with a single source of truth, enabling them to see hidden opportunities to save costs and improve supplier diversity.

ERP Integration: They integrate multiple ERP systems across different regions, perfect for global operations.

Data Classification: RobobAI is renowned for its ability to leverage AI for rapid data unification and classification of spend and payments data to UNSPSC level 3.

Fast and Affordable: Their solutions are low-cost and process large volumes of data quickly, delivering value fast.

No Integration: RobobAI ensures compatibility by supporting a wide range of ERP systems, with no technical integration required.

Quick Changes: The unique ability to “Classify on the Fly” provides instant benefit across your organization and increases the long-term value of training your AI model.

Optimize Working Capital: RobobAI increases transparency over financial payments to identify patterns and quickly highlight areas to release trapped liquidity.

Faster Payments: By pinpointing suppliers that accept card, organizations can expedite payments which can also provide discount negotiation opportunities and improve working capital.

Reduce Risk of Fraudulent B2B Payments Scams: Paying suppliers by card reduces invoice fraud by creating a secure, traceable transaction path to minimize unauthorized B2B payments.

Cross Border Payments: RobobAI provides a unified view of all cross-border transactions, enabling enterprises to track expenses, assess spending trends, and make data-driven financial decisions across various regions.

Tail Spend Analysis: Reduce maverick spend and drive cost savings by consolidating low-value transactions and infrequent suppliers, negotiating better terms and shifting payment to card.

Third-Party Risk Management: RobobAI centralizes multiple third-party risk management filters and provides continuous monitoring and alerts to proactively highlight and address potential issues across your supply chain.

Regulatory Compliance: They streamline supplier compliance management by centralizing supplier documentation and automating due diligence processes via unique, continuous monitoring and alerts when supplier compliance documentation is due to expire.

Modern Slavery Monitoring: They keep track of adverse media and sanctions.

Cybersecurity: RobobAI strengthens defenses against cyber threats from your supplier network.

Diversity Promotion: They provide visibility of Diversity, Equity, & Inclusion (DEI), SMEs, and indigenous suppliers to help large organizations evaluate the ethical and economic impacts of their supply chain spend.

Regulatory Standards Compliance: RobobAI helps businesses articulate ESG strategies and prepare for legislative reporting.

RobobAI’s AI Advantage: Training data takes time. RobobAI gives companies a significant head start by leveraging large language models (LLM) that they have been training across industry-specific data nuances for over seven years. Over time, data self trains and improves from user input. RobobAI also provides a unique ability to ‘Classify on the Fly’ which instantly boosts the intelligence of an organization's data, further increasing the long-term value of their unique AI model. This ability to easily fine tune data increases accuracy, improves insights and accelerates overall value and competitive advantage.

B2B Payment Strategy: They partner with Mastercard and global banks to drive thought leadership and innovation in B2B payment strategy and execution for large enterprises around the world.

ISO27001 and SAP Certified: RobobAI prioritizes security and integrity in all their operations.

Sustainability Initiatives: They are committed to sustainability through partnerships with Carbon Neutral and the 1% Pledge.

What industries does RobobAI serve?
RobobAI serves a variety of industries, including manufacturing, retail, finance, health care, utilities, government, and more. Their solutions are designed to meet the needs of large, multinational companies and other enterprises.

How does RobobAI ensure data security?
RobobAI is ISO27001 certified, adhering to the highest standards of data security and integrity, ensuring data is always protected.

What benefits can businesses expect from using RobobAI's solutions?
Businesses can expect improved spend data visibility, opportunities to unlock working capital, enhanced supplier risk management and compliance, cost savings, ability to articulate ESG strategy to improve supplier diversity, and increased operational efficiency.

How does RobobAI's AI technology work?
RobobAI's AI technology analyzes payment data to provide actionable insights, helping businesses make better decisions, forecast more accurately, and gain a competitive advantage.

Thank you for learning about RobobAI. They look forward to connecting and answering any additional questions.

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For media inquiries, please contact:
Michelle Tennant, Wasabi Publicity, Inc.
International Publicist, Robobai
Email: michelle@wasabipublicity.com
Phone: +1-828-749-3200
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Visit the public website: Robobai.com