Microsoft acquires Seattle startup Suplari, which uses AI to analyze corporate spending

“Microsoft said it will pair Suplari with Microsoft Dynamics 365 ‘to help customers maximize financial visibility by using AI to automate the analysis of current data and historical patterns from multiple data sources.’
Suplari analyzes procurement and spending data flowing into various enterprise systems. It can provide recommendations for cost savings, risk exposure, and other efficiency gaps. The software serves as an alternative to compiling data in an app such as Excel or Tableau and having a team of analysts comb through the information themselves. Suplari manages more than $180 billion in spend across millions of transactions per month.”