Chennai-based Intellect Design Arena has announced that a major global end-to-end supply chain logistics company has selected Purple Fabric Accounts Payable, to modernise and scale its accounts payable operations.
The Middle East-based company that handles over 90 million container shipments annually, will use the platform for an AI-driven automation in its AP operations including managing high volumes of invoices across diverse geographies.
Purple Fabric will allow intelligent ingestion and classification of documents received via multiple channels and use LLMs, to automatically read, extract and process invoices seamlessly, the company said in a statement.
“Across the logistics industry, Accounts Payable remains one of the most complex and volume-intensive operations, often constrained by manual processes and fragmented systems. At Intellect, we address this through a combination of design thinking and first principles thinking, reimagining AP from the ground up using AI and LLM-led intelligence. We are delighted to partner with the global logistics leader in transforming its AP operations,” said Debanjan Kumar, CEO, Intellect Digital Technology for Commerce (iDTC), Intellect Design Arena.