Genpact Launches AI-Powered AP Suite to Revolutionize Accounts Payable Processes

Genpact Limited (NYSE:G) is one of the cheap IT stocks hedge funds are buying. On June 24, Genpact announced the full availability of the Genpact AP Suite. The agentic solution is designed to revolutionize accounts payable/AP processes and offer autonomous and goal-oriented tools that use advanced capabilities in document processing, predictive insights, and conversational AI.

The Genpact AP Suite is part of Genpact’s “Service-as-Agentic-Solutions” portfolio and is powered by Microsoft Azure’s AI stack. The Genpact AP Suite includes four product modules, which are AP Capture, AP Advance, AP Trace, and AP Assist.

The Genpact AP Suite is already delivering measurable results for clients. These benefits include more accurate autonomous data capture, greater touchless processing with productivity improvements, and reduced leakage with up to 90% early discount capture.

Genpact Limited (NYSE:G) provides business process outsourcing and IT services in India, the rest of Asia, North America & Latin America, and Europe.

While we acknowledge the potential of G as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.

Disclosure: None. This article is originally published at Insider Monkey.