Generative AI is now a common sight in most businesses, and it is of paramount importance that businesses can get the most out of the technology.
However, the benefits of Gen AI go far beyond chatbots and extend to many areas of modern business. ERP (Enterprise Resource Planning) is a prime candidate for AI enhancements, helping businesses make smarter and more effective decisions when making large purchases.
Epicor has been one of the biggest players in the ERP market for some time, especially in partnership with manufacturing and retail industries, and is now embracing the future of AI with its new Prism Gen AI service.
epicor prism
At the briefing session, tech radar proEpicor outlined how Prism can make a real difference for businesses that want to make sure every decision counts.
The platform includes a code assistant that allows you to create automated business processes faster than ever before, as well as a conversational platform that provides insights into production and purchasing.
The company also has some very dynamic customers who have signed up to demonstrate the power of Epicor Prism, including the Visa Cash App RB (VCARB) Formula 1 team.
Your team's ERP manager can now leverage Epicor Prism's code assistant tools to create production reports and automate processes much faster than before. This means being able to respond to changing needs and market demands.
Epicor Prism can also analyze insights from historical production and business data to quickly find information and statistics that previously took hours to track or calculate, all accessed through a conversational model that provides real answers to real questions.
In the fast-paced world of F1, where split-second decisions can mean the difference between success and going home empty-handed, the VCARB team is also looking to use Epicor Prism to automate internal purchase approvals, allowing team principal Laurent Mekies and CEO Peter Beyer to approve purchases from anywhere in the world.
ERP also helps speed up purchasing, making it easier and faster to send out RFQs to suppliers rather than analyzing quotes to arrive at the best option. This is an important consideration in F1 where even the slightest improvement can make a world of difference. Of a difference.
