EvoluteIQ

The EIQ Platform for Hyperautomation, developed by EvoluteIQ, is a solution designed to enable hyperautomation in various business processes such as finance and accounting, sales and marketing, and supply chain management. According to the vendor, this platform is suitable for small to large enterprises and caters to professionals and industries including finance and accounting, sales and marketing, supply chain management, management consulting firms, BPO and KPO firms, banking, insurance, healthcare, energy and utilities, as well as telecom and media.

Key Features

EIQ Platform for Hyperautomation in Finance and Accounting: According to the vendor, this feature allows businesses to transform O2C, P2P, and R2R processes by breaking departmental boundaries and driving tangible improvement in business KPIs. It enables the integration of disparate systems and utilizes modern automation techniques.

Touchless Accounts Receivable Processing: The vendor claims that this feature streamlines the cash application and reconciliation process, automates cash application, and utilizes ML tools for predictive match and reconciliation.

Billing and Settlements: According to the vendor, this feature automates payment requests, billing queries, and email responses. It seamlessly interfaces with ERP systems for efficient payment processing.

F&A Intelligent Documents Processing: This feature is said to accelerate the automation of document processes by converting unstructured data to structured data. It can extract key terms from invoices, POs, and Bills of Lading.

Touchless Accounts Receivable Reconciliation: According to the vendor, this feature aims to improve cash application and DSO metrics, redeploy AR analysts to higher value tasks, and achieve straight-through processing of cash application.

EIQ Platform for Hyperautomation in Sales and Marketing: The vendor claims that this feature empowers sales and marketing teams with automation tools, enables field sales, automates proposal generation, and enhances social media customer engagement.

Social-media Customer Engagement: According to the vendor, this feature implements NLP-based sentiment analysis, drives sales with targeted offers, and helps manage brand reputation effectively.

Marketing Automation: This feature aligns marketing activities with sales objectives, monitors RFP sites for new opportunities, and mines cross-selling and up-selling opportunities, according to the vendor.

EIQ Platform for Hyperautomation in Supply Chain Management: The vendor claims that this feature brings transparency in Source-to-Store processes, synchronizes supply and demand, optimizes shipment management, and automates returns processing.

Next-gen Shipment Management: According to the vendor, this feature optimizes scheduling, tracking, and communication processes, recommends cost-effective options, uses IoT for real-time tracking, and integrates with Conversational AI interfaces.