The Benefits of Artificial Intelligence
SYSPRO uses AI to make predictions based on historical data. Use this to predict customer repurchase timing, final job costs from historical performance, likelihood that a customer will default on a payment or to determine exchange rate trends on imported components.
SYSPRO’s AI engine can capture and report data anomalies to capture incorrect key strokes or to report potentially fraudulent transactions.
Computer vision in SYSPRO can be used for quality assurance purposes by taking photos of items as they come off the production line to assess quality in real-time. Facial recognition can be used to support health and safety regulations. For example, to determine if an individual is authorized to use certain equipment such as a forklift.
“The July 2018 release of SYSPRO 8 gives the ERP industry its most approachable implementations of the newest innovations: Machine Learning (ML) and Artificial Intelligence (AI). SYSPRO 8’s “AI to UI” engine includes an ML designer for non-technical users to design their own AI models, to give users the very specific insights, predictions, and anomaly detection they need – and weeds out what they don’t need. So users can build views that “learn” from repeated user actions around suppliers (likelihood of on-schedule delivery); production (predicting final job costs); cash flow (predictions in working capital management); and sales orders (contextual recommendation engine), and provide views, alerts, and remediation paths based on the combined experience of users.” -Robert Mahowald, Senior Vice President, 451 Research Group