Challenges of Manual Data Processes
Companies often struggle to consolidate unstructured data scattered across several systems for answering to ad hoc data requests, product specifications, quality certifications and survey responses from investors, customers, and regulatory agencies. The challenges faced by sustainability managers and procurement teams to meet these demands are immense. Navigating through several internal documents, shared drives, emails, ERP/BI systems, etc., can leave them exhausted. With tight reporting deadlines, there seems to be only a fraction of timely responses to surveys, questionnaires, forms etc. Conventional procedures may soon become overloaded with these demands, resulting in errors and inefficiencies that could have serious consequences.
The statistics below demonstrate the shortcomings of manual procedures and how disorganised data affects company operations.
The Shift to Automation: Tackling Manual Tasks with AI Precision
A study by Bain & Company revealed that only 24% of companies feel equipped with the necessary technology to meet future sustainability reporting requirements. This technological gap complicates data gathering and analysis, making manual processes more burdensome.
Here are a few pointers as to why manual data processes demand automation:
1. Time-consuming manual processes, error-prone spreadsheets and repetitive tasks.
2. High costs, more resources and delays.
3. Data inconsistencies and quality issues.
4. Increased regulatory pressure.
The difficulties of manual data processes paved the way for building custom AI agents that fosters compliance response automation. Stop spending countless hours on spreadsheets and manual tasks. It’s time to streamline your supply chain workflows using AI agents.
The RightOrigins Solution: Powering Supply Chain workflows with AI Agents
Our platform RightOrigins AI, your personal supply chain AI agent acts as a smart assistant connecting all your tools, sustainability, product data and other documents into one seamless system, turning fragmented data into a single source of truth. The platform uses AI capabilities to draw on past submission responses to generate relevant and tailored content in order to accelerate response times and ensure the reliability and accuracy of data.
Artificial intelligence (AI) agents integrate automation and conversational experiences to help businesses better comprehend user intent and complete tasks more quickly. We combine them into a single system powered by automation, where humans and AI work together smoothly to manage tasks, improve processes, and deliver clear results. They play a vital role in automating workflows and assisting workers in finding information across their organisation.
Features of RightOrigins AI platform
RightOrigins platform is provided with features such as:
- Centralised Hub for Data Management: At the core of RightOrigins is RightData which acts as a single source of truth, unifying sustainability data for easy access and management.
- RightData is an advanced AI agent that integrates with your ERP, other data and document repositories.
- Automates Questionnaire/Survey Responses: Enables your company to instantly access and extract crucial information by simply asking questions in plain language or uploading questionnaires. RightData enhances the efficiency by a factor 8 (speed and cost) on responding to any RFIs or demand for information.
- Equipping suppliers with AI for automating data collection: The customers can extend AI capabilities to their suppliers for accelerating responses to questionnaires or even mapping supplier data.
Delivering Tangible Benefits
A fundamental obstacle to promoting sustainability is the amount of time spent on repetitive, routine tasks. Many sustainability professionals find that mundane tasks like maintaining records, verifying information, filling up data requests and making sure standards are followed limit their potential rather than focussing on meaningful projects like fostering innovation, forming alliances, and influencing sustainability policies. Reducing the efforts of manual data collection and processing efforts, RightOrigins AI helps free from manual tasks and paperwork. The platform provides transparency and control, time and cost savings, sustainability insights and risk management and a unified dashboards for data management.
6. Conclusion
To conclude, automation of monotonous processes through a centralised platform is one advantage of using AI agents for data collection. This allows sustainability teams to concentrate more on strategic planning and analysis. Organisations can overcome data collection hurdles, improve response rates, and reach sustainability goals faster. Automation reduces errors and improves the reliability of supplier-provided data. AI agents are changing the game across industries by automating tasks, solving problems, cutting costs and improving workflows. RightOrigins platform helps to battle the challenge of harnessing vast amounts of data to enhance business resilience, avoid disruptions, and manage compliance efficiently in terms of both cost and time.