Prenumeration
Beskrivning
| Land | Sverige |
|---|---|
| Lista | First North Stockholm |
| Sektor | Finans |
| Industri | Övriga finansiella tjänster |
Neovici Holding AB ("Neovici") has, through its wholly-owned subsidiary Neovici AB, entered into a multi-year, expanded agreement with one of Sweden's largest retail chains. The agreement covers additional functions that Neovici's AI solution Cosmoz will handle and which will be integrated into the chain's own financial system for electronic invoice management.
The new expanded agreement means that the chain will be able to streamline and automate additional parts of its business-critical flows going forward, which is expected to lead to significant cost savings.
Implementation begins this year, 2024, and will take place in several phases, in which matching of data in various business flows will occur at the customer's end.
Cosmoz is already established with several large companies and offers a secure, cloud-based solution for more efficient workflows through advanced algorithms and automation.
Jan Berggren, CEO, Neovici, comments:
"This expanded collaboration shows great confidence in our ability to deliver value through AI and automation. Retail has enormously complex financial flows to manage given the number of products on the shelves and the high turnover. We look forward to further optimizing the chain's processes with Cosmoz."