extrakt.AI

extrakt.AI

Software Development

Palo Alto, California 440 followers

Building AI Agents that Automate Supply Chain Operations in a Day

About us

extrakt.AI employs AI agents that automate Supply Chain Operations in a day. Our AI agents extract facts from supply chain documentation and communication, such as contracts, delivery notes, inquiries, and orders, directly from emails. They resolve ambiguous or incorrect data based on context, sending the information to ERP, DMS, or TMS systems without the need for manual data entry. We use GenAI to make process templates super simple to create, starting with just a basic outline

Industry
Software Development
Company size
2-10 employees
Headquarters
Palo Alto, California
Type
Privately Held
Founded
2023
Specialties
ai, enterprise software, B2B, logistics, supply chain, and AI Agents

Products

Locations

Employees at extrakt.AI

Updates

  • GenAI is shifting from experimentation to a strategic stage. Enterprises now prioritize measurable ROI, industry-specific customization, and tools that truly perform over mere clout. More insights on the state of GenAI from our co-founder Tomaz Suklje, particularly the main reasons for accelerated adoption across enterprises 👇

    View profile for Tomaz Suklje, graphic

    Co-founder and Co-CEO @extrakt.AI | @senzemo | Supply Chain Tech

    In the past, 𝗚𝗲𝗻𝗔𝗜 𝗮𝗱𝗼𝗽𝘁𝗶𝗼𝗻 𝘂𝘀𝗲𝗱 𝘁𝗼 𝗯𝗲 𝗹𝗼𝗼𝘀𝗲 𝗳𝗿𝗼𝗺 𝗯𝘂𝘀𝗶𝗻𝗲𝘀𝘀 𝗼𝗯𝗷𝗲𝗰𝘁𝗶𝘃𝗲𝘀. The focus was more on novelty rather than practicality. ⏮ 𝗡𝗼𝘄, 𝘄𝗲’𝗿𝗲 𝘀𝗲𝗲𝗶𝗻𝗴 𝗚𝗲𝗻𝗔𝗜 𝘀𝗵𝗶𝗳𝘁 𝗳𝗿𝗼𝗺 𝗲𝘅𝗽𝗲𝗿𝗶𝗺𝗲𝗻𝘁𝗮𝘁𝗶𝗼𝗻 𝘁𝗼 𝗰𝗼𝗿𝗲 𝘀𝘁𝗿𝗮𝘁𝗲𝗴𝘆. 🔄 𝗔𝗻𝗱 𝗲𝗻𝘁𝗲𝗿𝗽𝗿𝗶𝘀𝗲𝘀 𝗮𝗿𝗲 𝗺𝗼𝘀𝘁 𝗼𝗳 𝗮𝗹𝗹 𝗮𝘀𝗸𝗶𝗻𝗴 𝗳𝗼𝗿 𝘁𝗮𝗻𝗴𝗶𝗯𝗹𝗲 𝗿𝗲𝘀𝘂𝗹𝘁𝘀:    1. Immediate value beats the fear of the unknown.   Only 1% decision-makers choose based on familiarity.    2. As long as GenAI delivers immediate, measurable value and personalization, people no longer care how popular the tool is when they make a decision: - The need for easily quantifiable ROI counts for 30%   - Capacity for industry/organization customization weighs 26%  - Good reputation counts only as much as 1%     3. Enterprises need to see that GenAI actually “works on their machines”. The fastest way to see it happen is bottom-up, case by case, where bandages no longer stick: - 28% of cases are about enterprise research & retrieval  - 27% focus on data extraction & transformation  - 10% on workflow automation    Get more data-backed insights from Menlo Ventures, in their State of Generative AI in Enterprise Report: 💎 https://lnkd.in/dYWNgYDV Or better yet, let’s talk about this. 

  • Can GenAI leverage never-ending email exchanges? Can it make sense of all the scattered information and automate data processing for the supply chain? ⚙️👷♂️ Welcome to 𝗔𝗜 𝗠𝘆𝘁𝗵𝗯𝘂𝘀𝘁𝗶𝗻𝗴 𝗖𝗵𝗮𝗹𝗹𝗲𝗻𝗴𝗲 #𝟭𝟰 🎯 Processing supply chain data from email threads is messy and inefficient, with delivery updates often buried in lengthy conversations. Without GenAI’s ability to organize and reason through this data, tracking accurate delivery statuses become a hurdle. So, how does GenAI tackle this challenge? Swipe to the end to find out the answer 👆 #AI #ArtificialIntelligence #TechTrends #Innovation #MachineLearning #AITechnology #DataScience #TechCommunity #AIInsights #futureofwork

  • Automation can save you a ton of effort, but it doesn’t spare you from giving it a split-second attention. 𝗟𝗼𝗻𝗴 𝘀𝘁𝗼𝗿𝘆: While prepping for our webinar, Tyler and Veronika went full geek mode testing their complex Power Automate flow:     📄 PDF Invoice arrives in email  ➡️ Is forwarded to SharePoint  🏁 Document and data land in the SharePoint document library All perfect in theory: ✅ Invoice document sent  ✅ Flow set up correctly  ✅ Invoice data accurate Still, in testing, the flow was failing, and they couldn’t tell why. Turns out Veronika sent a JPG instead of a PDF. Yup, the almighty automation was no match for one tiny little photo 🤦♀ 𝗟𝗼𝗻𝗴 𝘀𝘁𝗼𝗿𝘆 𝘀𝗵𝗼𝗿𝘁:   𝗘𝘃𝗲𝗻 𝘁𝗵𝗲 𝗳𝗮𝗻𝗰𝗶𝗲𝘀𝘁 𝗣𝗼𝘄𝗲𝗿 𝗔𝘂𝘁𝗼𝗺𝗮𝘁𝗲 𝗳𝗹𝗼𝘄 𝗰𝗮𝗻’𝘁 𝘀𝗮𝘃𝗲 𝘆𝗼𝘂 𝗳𝗿𝗼𝗺 𝗮 𝗴𝗼𝗼𝗱 𝗼𝗹𝗱-𝗳𝗮𝘀𝗵𝗶𝗼𝗻𝗲𝗱 “𝗼𝗼𝗽𝘀.” So, while automation rocks, remember sometimes it’s only as human-proof as its users 🚀 Want to see how it all came together in the end? Watch the webinar where everything worked like a charm! 👇  https://lnkd.in/dgTKXkfr

    • No alternative text description for this image
  • 2️⃣ More Days to Go! 🚀 Join us and Tyler Wasson as we dive into a demo on quick & dirty automation with Power Automate and SharePoint.

    View organization page for extrakt.AI, graphic

    440 followers

    Invoices everywhere, manual data entries driving you mad? Let AI bring order to chaos and help you get the most out of your SharePoint. Give yourself 30 minutes and join our webinar next week. 𝗣𝗼𝘄𝗲𝗿 𝗔𝘂𝘁𝗼𝗺𝗮𝘁𝗲 𝗘𝘅𝗽𝗲𝗿𝘁 Tyler Wasson & 𝗼𝘂𝗿 𝘁𝗲𝗮𝗺 will show you how to put AI agents to work and automate your invoice processing. It’s all about saving you time and sparing you the hassle of mistakes. You will learn how to: 🔵 Automatically extract and update invoice data 🔵 Eliminate repetitive tasks and manual data errors with AI 🔵 Maximize investment in your SharePoint document management system Hit 𝗔𝘁𝘁𝗲𝗻𝗱 and join us to make manual entry a thing of the past!

    This content isn’t available here

    Access this content and more in the LinkedIn app

  • Meet our partner and webinar guest! 👋 With over 2️⃣0️⃣ years of experience across retail, manufacturing, and IT, Tyler Wasson is a seasoned expert in the Microsoft Power Platform, including Power BI, Power Automate, and Power Apps. We’re excited to have Tyler as our webinar guest on 𝗗𝗲𝗰𝗲𝗺𝗯𝗲𝗿 𝟱𝘁𝗵, as he’ll be shedding light on how to 𝗮𝘂𝘁𝗼𝗺𝗮𝘁𝗶𝗰𝗮𝗹𝗹𝘆 𝗽𝗿𝗼𝗰𝗲𝘀𝘀 𝗶𝗻𝘃𝗼𝗶𝗰𝗲𝘀 𝗶𝗻 𝗦𝗵𝗮𝗿𝗲𝗣𝗼𝗶𝗻𝘁 in a fast, easy-to-understand way. If invoice processing is a hassle for you, we hope you can join us! 👨💻 Register for the webinar here: https://lnkd.in/dcM-kgRV

    • No alternative text description for this image
  • Can GenAI reliably classify the Harmonized System (HS) tariff codes? Welcome to 𝗔𝗜 𝗠𝘆𝘁𝗵𝗯𝘂𝘀𝘁𝗶𝗻𝗴 𝗖𝗵𝗮𝗹𝗹𝗲𝗻𝗴𝗲 #𝟭𝟯 🎯 Item descriptions are often inconsistent, with variations in language, grammar, spelling, and level of detail. Without GenAI’s advanced natural language processing, this complexity makes accurate classification a significant challenge. So, how does GenAI tackle this challenge? Can it decode this chaos? 🔓 Swipe to the end to find out the answer 👆 #AI #ArtificialIntelligence #TechTrends #Innovation #MachineLearning #AITechnology #DataScience #TechCommunity #AIInsights #futureofwork

  • Invoices everywhere, manual data entries driving you mad? Let AI bring order to chaos and help you get the most out of your SharePoint. Give yourself 30 minutes and join our webinar next week. 𝗣𝗼𝘄𝗲𝗿 𝗔𝘂𝘁𝗼𝗺𝗮𝘁𝗲 𝗘𝘅𝗽𝗲𝗿𝘁 Tyler Wasson & 𝗼𝘂𝗿 𝘁𝗲𝗮𝗺 will show you how to put AI agents to work and automate your invoice processing. It’s all about saving you time and sparing you the hassle of mistakes. You will learn how to: 🔵 Automatically extract and update invoice data 🔵 Eliminate repetitive tasks and manual data errors with AI 🔵 Maximize investment in your SharePoint document management system Hit 𝗔𝘁𝘁𝗲𝗻𝗱 and join us to make manual entry a thing of the past!

    This content isn’t available here

    Access this content and more in the LinkedIn app

  • Let’s face it—data inconsistencies like 𝟭.𝟬𝟬𝟬,𝟬𝟬 𝘃𝘀. 𝟭,𝟬𝟬𝟬.𝟬𝟬 can wreak havoc on automation systems. 🤯 These small formatting differences might seem trivial, but when processed through an ERP system, they can throw off your entire workflow and impact results. Why does this happen? ➡ 𝗠𝗮𝗻𝘂𝗮𝗹 𝗱𝗮𝘁𝗮 𝗲𝗻𝘁𝗿𝗶𝗲𝘀: Inconsistent formatting from human input. ➡ 𝗟𝗮𝗰𝗸 𝗼𝗳 𝘀𝘁𝗮𝗻𝗱𝗮𝗿𝗱𝗶𝘇𝗮𝘁𝗶𝗼𝗻: Platforms failing to enforce uniform rules. ➡ 𝗪𝗲𝗮𝗸 𝗶𝗻𝘁𝗲𝗴𝗿𝗮𝘁𝗶𝗼𝗻𝘀: Systems that don’t communicate well with each other. Here’s the good news: AI agents can step in to clean up the chaos! By standardizing data formatting, they ensure your enterprise platforms run on clean, high-quality data. 🚀 Want to learn more? 1️⃣ Check out the latest article from our co-founder & co-CEO Blaz Fortuna on how AI agents handle data standardization and make automation seamless. 🤖 2️⃣ Or better yet, 𝘀𝗲𝗲 𝗶𝘁 𝗶𝗻 𝗮𝗰𝘁𝗶𝗼𝗻 during our hands-on webinar on 𝗗𝗲𝗰𝗲𝗺𝗯𝗲𝗿 𝟱𝘁𝗵, 𝟮 𝗣𝗠 𝗖𝗘𝗧. Discover how AI can automate invoice processing and streamline SharePoint workflows in no time! 👉 𝗥𝗲𝗴𝗶𝘀𝘁𝗲𝗿 𝗻𝗼𝘄, 𝗶𝗳 𝘆𝗼𝘂 𝗵𝗮𝘃𝗲𝗻’𝘁 𝘆𝗲𝘁: https://lnkd.in/dcM-kgRV

    View profile for Blaz Fortuna, graphic

    Co-founder and Co-CEO @Extrakt.AI | Ex-Bloomberg | JSI, Stanford AI+ML

    Can big automation platforms deliver great output even when fed with inconsistent data? Case-in-point: 1.000,00 and 1,000.00 don't mean the same thing to everyone. So, processing a data inconsistency like that across any ERP system can really mess up your automation and ultimately your work results. 🤔 It happens a lot. It may be so due to inconsistent data formatting which rises from manual entries. Another reason might be platforms lacking standardization. Also, poor system integrations and processes not having any data entry standards. The good news is AI agents can clean up the mess and standardize data formatting so that enterprise platforms and systems can leverage high-quality data. 💪    I just wrote an article on how AI agents can help with data formatting standardization. So, give it a read if you want to learn how they work. 🤖🛠️🕹️ OR If you’d rather watch data processing automation happen than read about it, join our hands-on webinar on December 5th, 2 PM CET to see AI agents in action. 📣 You’ll get to learn fast how you can automate invoice processing and SharePoint workflows with their help. REGISTER 👉 https://lnkd.in/dXF_4PXp

    All clients use comma, one uses dots!

    All clients use comma, one uses dots!

    Blaz Fortuna on LinkedIn

  • Over 200 million people in 200,000+ organizations rely on 𝗦𝗵𝗮𝗿𝗲𝗣𝗼𝗶𝗻𝘁 for document management and collaboration. But many still handle invoices manually - missing out on automation that’s right at their fingertips. With 𝗣𝗼𝘄𝗲𝗿 𝗔𝘂𝘁𝗼𝗺𝗮𝘁𝗲 and 𝗔𝗜 𝗮𝗴𝗲𝗻𝘁𝘀, you can turn your SharePoint into a powerhouse for automated invoice processing. No more manual data entry. No more wasted time. Join our 𝟯𝟬-𝗺𝗶𝗻𝘂𝘁𝗲 𝘄𝗲𝗯𝗶𝗻𝗮𝗿 where Power Automate expert Tyler Wasson & the extrakt.AI team will show you how to: ✅ Automatically extract and update invoice data ✅ Eliminate repetitive tasks and manual data errors with AI ✅ Maximize investment in your SharePoint document management system It’s time to let AI do the heavy lifting. Save your seat and take the first step toward hassle-free invoice management! Register here: https://lnkd.in/dcM-kgRV

    • No alternative text description for this image

Similar pages

Funding

extrakt.AI 1 total round

Last Round

Pre seed
See more info on crunchbase