Automation Anywhere’s AI to Power PwC India’s Spend Suite

2 months ago 36
  • Published on January 23, 2025
  • In AI News

PwC’s ISMS platform will now use Automation Anywhere’s generative AI-powered agents.

Automation Anywhere, a leader in Agentic Process Automation (APA), on Monday joined forces with PwC India to enhance its Intelligent Spend Management Suite (ISMS) with advanced AI capabilities. The collaboration is aimed at improving how businesses manage spending and process payables.

The ISMS platform, developed by PwC India, will now use Automation Anywhere’s generative AI-powered agents. This upgrade is designed to enable smarter purchasing decisions, automate accounts payable processes, and deliver improved business outcomes.

PwC India’s ISMS features a modular design for easy integration with existing systems, an API-first architecture for scalability, and a robust data foundation for validation and workflows. 

The improvements aim to make operations more efficient, offer practical insights, and help people make better decisions.

Talking about the significance of this collaboration, PwC India chairperson Sanjeev Krishan said, “The integration of Automation Anywhere’s advanced Agentic AI capabilities into PwC India’s Intelligent Spend Management Suite represents a step forward in addressing some of the most pressing challenges faced by businesses today.” 

He further mentioned that by combining PwC’s deep industry insights, AI and tech expertise and domain understanding with Automation Anywhere’s agentic AI platform, the company is empowering organisations across sectors. This will help drive efficiency, enhance decision-making, and unlock greater value in their spending and payable operations.

Joe Atkinson, PwC’s global chief AI officer, emphasised the transformative potential of Agentic AI. “AI is starting to disrupt value chains across whole industries, and with ISMS, value realisation for businesses becomes real. I’m excited to see the collaboration between us and Automation Anywhere,” he said.

This collaboration builds on the 2024 strategic partnership between Automation Anywhere and PwC India to create AI-driven business solutions. 

Automation Anywhere COO Ankur Kothari expressed confidence in the partnership, saying, “Our APA platform has the unparalleled ability to drive actions by solving real-world customer problems with GenAI. 

“We recognise PwC India’s market potential, which will significantly increase the deployment of AI agents, aiding in a strategic long-term vision to deliver superior business outcomes for our customers.”
In October last year, PwC India also announced its strategic collaboration with Meta in order to expand and scale its open-source AI solutions to enterprises and citizen services using Meta’s Llama models.

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Shalini Mondal

Shalini is a senior tech journalist, exploring the latest advancements in AI. When she's not reporting on the latest innovations, you can find her immersed in her next literary adventure.

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