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Aeries Technology Demonstrates 60% AP Processing Acceleration with AI-Powered Invoice Automation
Globenewswire· 2025-12-08 13:15
Core Insights - Aeries Technology, Inc. has successfully completed a three-month proof of concept with a leading enterprise healthcare organization to modernize accounts payable operations, validating the market opportunity in the $7.1 billion global accounts payable automation sector [1][2]. Company Overview - Aeries Technology is a global leader in AI-enabled value creation and business transformation, founded in 2012, and has received the Great Place to Work Certification for two consecutive years [3]. Industry Insights - The global accounts payable automation market is projected to reach USD 7.1 billion by 2030, growing at a CAGR of 12.5%, with North America accounting for 33.2% of global revenue [2]. - Aeries' consulting-led model is positioned to capture market share by offering rapid, results-driven proof of concepts, which help enterprises validate AI business cases before full deployment [2]. Performance Metrics - Document field extraction accuracy exceeded 70% during the proof of concept [5]. - Invoice processing time dropped by approximately 60%, and operations now run error-free with AI-powered exception handling [5].
Aeries Technology’s Consulting-Led Automation Practice Delivers Measurable Impact
Globenewswire· 2025-12-02 13:15
Core Insights - Aeries Technology, Inc. has successfully deployed an automation-driven data reconciliation solution for a leading digital enterprise platform provider, enhancing operational efficiency and reducing implementation timelines by approximately 30% [1][2][3] - The global data migration market is projected to grow at a CAGR of 18.7%, reaching $33.6 billion by 2030, with Aeries positioned to leverage this growth through its consulting-led automation practice [3] Company Overview - Aeries Technology is recognized as a global leader in AI-enabled business transformation and Global Capability Center (GCC) delivery, particularly for private-equity portfolio companies [4] - The company has been awarded the Great Place to Work Certification for two consecutive years, reflecting its commitment to workforce development [4]
Aeries Technology (AERT) Strengthens GCC Offering Through Strategic Partnership with TalentRecruit
Newsfile· 2025-08-25 12:00
Core Insights - Aeries Technology has formed a strategic partnership with TalentRecruit to enhance its AI-driven hiring capabilities, targeting the growing Global Capability Center (GCC) market valued at $121 billion by 2030 [1][3]. Company Overview - Aeries Technology, a leader in AI-enabled business transformation and GCC services, aims to improve hiring solutions for clients in India and Mexico, which are rapidly growing talent hubs [1][8]. - The company has established GCC operations in India and is expanding in Mexico, leveraging favorable economic conditions and a skilled talent pool [3][4]. Partnership Details - The integration of TalentRecruit's AI technology into Aeries' operations will automate candidate sourcing, intelligent matching, and onboarding, enhancing the recruitment lifecycle [2]. - This partnership is expected to reduce time-to-hire by up to 45% and improve offer-to-joining ratios by up to 50%, thereby increasing recruiter productivity and enhancing candidate experience [7]. Market Potential - The GCC market is projected to grow significantly, driven by digital transformation and the demand for cost-efficient global workforce models [3]. - Aeries is well-positioned to capitalize on this growth, particularly in serving mid-market and private equity-backed clients seeking rapid scaling [4]. AI Partner Network - The partnership with TalentRecruit expands the Aeries AI Partner Network, which consists of top-tier AI solutions aimed at accelerating transformation and generating measurable outcomes across enterprise services [5].