Latest news with #StephenBoyle
Cision Canada
5 days ago
- Business
- Cision Canada
Infosys BPM Unveils AI Agents to Revolutionize Finance and Accounting Services
New Agentic AI-powered solution set to redefine accounts payable operations with significant efficiency gains, enhanced accuracy and improved user experience BENGALURU, India, May 30, 2025 /CNW/ -- Infosys BPM, the business process management arm of Infosys (NSE: INFY) (BSE: INFY) (NYSE: INFY), today announced the launch of AI agents for invoice processing within its flagship Infosys Accounts Payable on Cloud solution. Powered by Infosys Topaz, the innovation redefines invoice processing by moving from a human-driven, AI-supported model to an autonomous AI-first approach, which ensures greater efficiency and accuracy. Designed to operate autonomously, the solution leverages AI agents equipped with advanced decision-making capabilities to handle complex business scenarios with precision and speed. Autonomous AI-first approach enables end-to-end workflow management, allowing AI agents to handle dynamic processes, adapt to changing business logic, and perform intricate tasks with minimal human oversight. The new Agentic AI-powered Accounts Payable on Cloud solution aims to boost operational efficiency significantly, enabling businesses to scale quickly and effectively. Powered by Microsoft's AI stack, the solution combines Azure AI Foundry and other LLMs with custom AI agents. The integration of Cognitive Services with Azure's Platform-as-a-Service (PaaS) offerings enables the delivery of scalable, intelligent, and enterprise-ready AI solution. This solution was developed in close collaboration with Americana Restaurants, the largest out-of-home dining and quick service restaurant operator across the Middle East, North Africa, and Kazakhstan, with more than 2,600 restaurants. Building on the successful deployment of Accounts Payable on Cloud solution for Americana, Infosys BPM is now integrating Agentic AI to make their invoice processing largely autonomous, further enhancing its efficiency and accuracy. Harsh Bansal, Chief Financial Officer and Chief Growth Officer, Americana Restaurants, said, "At Americana Restaurants, we are committed to leading digital transformation, and as we scale our operations, intelligent automation is key to achieving greater efficiency and agility. With AI-powered Infosys Accounts Payable on Cloud, we have made invoice processing faster, enhanced accuracy, and improved efficiency. The addition of Agentic AI takes this a step further, reducing manual dependencies and bringing more intelligence and autonomy into our invoice processing. We are delighted that we have pioneered this initiative with Infosys and look forward to closely working with Infosys BPM to lead us collectively into a future of smarter and more agile operations." Stephen Boyle, Global Leader, GSIs, ESIs and Advisories, Microsoft, said, "We commend Infosys BPM for launching Microsoft AI agents within its Accounts Payable on Cloud solution, showcasing AI's ability to streamline complex workflows and enhance critical business operations. This innovation underscores Infosys's transformative potential and sets the stage for intelligent automation to drive future business success." Anantha Radhakrishnan, CEO & Managing Director, Infosys BPM, said, "With the introduction of Agentic AI into Infosys Accounts Payable on Cloud solution, we are redefining what is possible in the finance and accounting functional domain. By integrating Infosys Topaz with a purpose-built multi-agent framework, along with Microsoft's AI stack, we've developed a solution that is autonomous by design, responsive to change, and built to evolve. This exemplifies our commitment to pioneering innovation and delivering unparalleled business value to enterprises worldwide." About Infosys Infosys is a global leader in next-generation digital services and consulting. Over 300,000 of our people work to amplify human potential and create the next opportunity for people, businesses and communities. We enable clients in more than 56 countries to navigate their digital transformation. With over four decades of experience in managing the systems and workings of global enterprises, we expertly steer clients, as they navigate their digital transformation powered by cloud and AI. We enable them with an AI-first core, empower the business with agile digital at scale and drive continuous improvement with always-on learning through the transfer of digital skills, expertise, and ideas from our innovation ecosystem. We are deeply committed to being a well-governed, environmentally sustainable organization where diverse talent thrives in an inclusive workplace. Visit to see how Infosys (NSE, BSE, NYSE: INFY) can help your enterprise navigate your next. Safe Harbor Certain statements in this release concerning our future growth prospects, or our future financial or operating performance, are forward-looking statements intended to qualify for the 'safe harbor' under the Private Securities Litigation Reform Act of 1995, which involve a number of risks and uncertainties that could cause actual results or outcomes to differ materially from those in such forward-looking statements. The risks and uncertainties relating to these statements include, but are not limited to, risks and uncertainties regarding the execution of our business strategy, increased competition for talent, our ability to attract and retain personnel, increase in wages, investments to reskill our employees, our ability to effectively implement a hybrid work model, economic uncertainties and geo-political situations, technological disruptions and innovations such as Generative AI, the complex and evolving regulatory landscape including immigration regulation changes, our ESG vision, our capital allocation policy and expectations concerning our market position, future operations, margins, profitability, liquidity, capital resources, our corporate actions including acquisitions, and cybersecurity matters. Important factors that may cause actual results or outcomes to differ from those implied by the forward-looking statements are discussed in more detail in our US Securities and Exchange Commission filings including our Annual Report on Form 20-F for the fiscal year ended March 31, 2024. These filings are available at Infosys may, from time to time, make additional written and oral forward-looking statements, including statements contained in the Company's filings with the Securities and Exchange Commission and our reports to shareholders. The Company does not undertake to update any forward-looking statements that may be made from time to time by or on behalf of the Company unless it is required by law.
Yahoo
5 days ago
- Business
- Yahoo
Infosys BPM Unveils AI Agents to Revolutionize Finance and Accounting Services
New Agentic AI-powered solution set to redefine accounts payable operations with significant efficiency gains, enhanced accuracy and improved user experience BENGALURU, India, May 30, 2025 /PRNewswire/ -- Infosys BPM, the business process management arm of Infosys (NSE: INFY) (BSE: INFY) (NYSE: INFY), today announced the launch of AI agents for invoice processing within its flagship Infosys Accounts Payable on Cloud solution. Powered by Infosys Topaz, the innovation redefines invoice processing by moving from a human-driven, AI-supported model to an autonomous AI-first approach, which ensures greater efficiency and accuracy. Designed to operate autonomously, the solution leverages AI agents equipped with advanced decision-making capabilities to handle complex business scenarios with precision and speed. Autonomous AI-first approach enables end-to-end workflow management, allowing AI agents to handle dynamic processes, adapt to changing business logic, and perform intricate tasks with minimal human oversight. The new Agentic AI-powered Accounts Payable on Cloud solution aims to boost operational efficiency significantly, enabling businesses to scale quickly and effectively. Powered by Microsoft's AI stack, the solution combines Azure AI Foundry and other LLMs with custom AI agents. The integration of Cognitive Services with Azure's Platform-as-a-Service (PaaS) offerings enables the delivery of scalable, intelligent, and enterprise-ready AI solution. This solution was developed in close collaboration with Americana Restaurants, the largest out-of-home dining and quick service restaurant operator across the Middle East, North Africa, and Kazakhstan, with more than 2,600 restaurants. Building on the successful deployment of Accounts Payable on Cloud solution for Americana, Infosys BPM is now integrating Agentic AI to make their invoice processing largely autonomous, further enhancing its efficiency and accuracy. Harsh Bansal, Chief Financial Officer and Chief Growth Officer, Americana Restaurants, said, "At Americana Restaurants, we are committed to leading digital transformation, and as we scale our operations, intelligent automation is key to achieving greater efficiency and agility. With AI-powered Infosys Accounts Payable on Cloud, we have made invoice processing faster, enhanced accuracy, and improved efficiency. The addition of Agentic AI takes this a step further, reducing manual dependencies and bringing more intelligence and autonomy into our invoice processing. We are delighted that we have pioneered this initiative with Infosys and look forward to closely working with Infosys BPM to lead us collectively into a future of smarter and more agile operations." Stephen Boyle, Global Leader, GSIs, ESIs and Advisories, Microsoft, said, "We commend Infosys BPM for launching Microsoft AI agents within its Accounts Payable on Cloud solution, showcasing AI's ability to streamline complex workflows and enhance critical business operations. This innovation underscores Infosys's transformative potential and sets the stage for intelligent automation to drive future business success." Anantha Radhakrishnan, CEO & Managing Director, Infosys BPM, said, "With the introduction of Agentic AI into Infosys Accounts Payable on Cloud solution, we are redefining what is possible in the finance and accounting functional domain. By integrating Infosys Topaz with a purpose-built multi-agent framework, along with Microsoft's AI stack, we've developed a solution that is autonomous by design, responsive to change, and built to evolve. This exemplifies our commitment to pioneering innovation and delivering unparalleled business value to enterprises worldwide." About Infosys Infosys is a global leader in next-generation digital services and consulting. Over 300,000 of our people work to amplify human potential and create the next opportunity for people, businesses and communities. We enable clients in more than 56 countries to navigate their digital transformation. With over four decades of experience in managing the systems and workings of global enterprises, we expertly steer clients, as they navigate their digital transformation powered by cloud and AI. We enable them with an AI-first core, empower the business with agile digital at scale and drive continuous improvement with always-on learning through the transfer of digital skills, expertise, and ideas from our innovation ecosystem. We are deeply committed to being a well-governed, environmentally sustainable organization where diverse talent thrives in an inclusive workplace. Visit to see how Infosys (NSE, BSE, NYSE: INFY) can help your enterprise navigate your next. Safe Harbor Certain statements in this release concerning our future growth prospects, or our future financial or operating performance, are forward-looking statements intended to qualify for the 'safe harbor' under the Private Securities Litigation Reform Act of 1995, which involve a number of risks and uncertainties that could cause actual results or outcomes to differ materially from those in such forward-looking statements. The risks and uncertainties relating to these statements include, but are not limited to, risks and uncertainties regarding the execution of our business strategy, increased competition for talent, our ability to attract and retain personnel, increase in wages, investments to reskill our employees, our ability to effectively implement a hybrid work model, economic uncertainties and geo-political situations, technological disruptions and innovations such as Generative AI, the complex and evolving regulatory landscape including immigration regulation changes, our ESG vision, our capital allocation policy and expectations concerning our market position, future operations, margins, profitability, liquidity, capital resources, our corporate actions including acquisitions, and cybersecurity matters. Important factors that may cause actual results or outcomes to differ from those implied by the forward-looking statements are discussed in more detail in our US Securities and Exchange Commission filings including our Annual Report on Form 20-F for the fiscal year ended March 31, 2024. These filings are available at Infosys may, from time to time, make additional written and oral forward-looking statements, including statements contained in the Company's filings with the Securities and Exchange Commission and our reports to shareholders. The Company does not undertake to update any forward-looking statements that may be made from time to time by or on behalf of the Company unless it is required by law. Logo: View original content: SOURCE Infosys
The Herald Scotland
6 days ago
- Health
- The Herald Scotland
I can't believe what NC500 has done to the price of accommodation
My planned eight-day trip is both to take in corners of the few places I haven't visited, as well as exploring family history touching on Strathnaver and Thurso. I'm a lifetime cyclist whose first venture on two wheels into the north-west of our nation was as a 14-year-old in 1957. Since then, I've toured on every continent bar Antarctica. Yet prices experienced worldwide haven't begun to touch those in Scotland, with NC500 being quite the highest anywhere – and frankly the most extortionate. Gordon Casely, Crathes. We need a health convention For those who have lived and practised in the "managed decline" era of our NHS dating from the inception of the neoliberal apocalypse we are fast approaching, the Auditor General of Scotland no less, Stephen Boyle, offered us some hope this week. Against a background of continued failure of current political and senior managerial failure to fully address excess mortality and over half a million anxious people on waiting lists, Mr Boyle informed us that for our NHS to remain "affordable and sustainable", NHS Scotland's governance need to be "strengthened" and that " reform" was urgently necessary ("One in nine Scots face long waits for planned treatments on NHS", The Herald, May 29). This reform has been called for from voices in the wilderness for decades now and amounts to this: the multiple levels of a self-propagating top-down managerialism and political interference in the goal-setting and delivery of care to the sick and the worried well by doctors and nurses has to end. In addition the constant drain on resources by inflated and non-contributory corporate salaries on health boards and the numerous parasitic panoply of legal and consultancy gravy trains linked to "marketisation" need to be thoroughly scrutinised by disinterested experts, namely, the Scottish public. Read more letters We need an urgent national conversation in a national health convention heavily recruited from a breadth of our citizenry and not a perfunctory "consultation" run by the politicians and so-called experts who have overseen the evolution of the present crisis. It cannot be overstated the extent to which true national reformation policies in all the domains of public services, not only the NHS, will provide a meaningful alternative to Reform UK in Scotland. In the year leading up to the Holyrood elections I hope see to all patriotic parties provide some kind of vision for the health of the nation that heeds the Auditor General's critique of the malgovernamce and mismanagement of the NHS. The well-researched and radical work of the Common Weal think tank would be a good place for policy makers to start and multiple freedom of information requests from individual citizens about corporate remuneration, expenses, procurement, time and motion studies and legal and PR expenditure in health boards could start the audit process that will begin the reform process that is urgently necessary. Lives literally depend on it. Dr Andrew Docherty, Selkirk. • If the NHS waiting times in Scotland appear bad, that is because they are revealed without any wider context. The BBC (UK and Scotland) highlights these stats for Scotland without ever revealing the same stats for England or Wales, which are no better and often worse. What is missing in this debate is any offer of a solution from opposition politicians and medical experts. Scottish Conservative health spokesman Dr Sandhesh Gulhane worked in NHS England before flitting to Scotland. His criticism of NHS Scotland is relentless yet he is never asked about the widespread problems in NHS England (as highlighted by the BMA in England). Why not? Isn't it time for more understanding of the obvious and ubiquitous problems in the wider NHS, and consideration of other health systems which work better, from our politicians? GR Weir, Ochiltree. Tidal energy not the answer I disagree with George Morton (Letters, May 26) that tidal is a good option for electricity generation. A 2009 research paper lead-authored by Ruain Burrows titled 'Tidal Energy Potential in UK Waters' identified eight major estuaries that would provide the bulk of tidal energy yield, including the Solway, Severn and Humber. Figure 10a illustrates that there would be four major energy gaps per day where total tidal generation would fall to zero. We would end up in a situation where there would often be huge peaks of tidal energy at night when there would be no market for it and it would have to be expensively shut down. Conversely, there would often be gaps in tidal energy during the day when energy demand would be high, and we'd have to expensively find an alternative. Geoff Moore, Alness. Kirk mess goes on With reference to Craig Wishart's letter (May 28) and previous correspondence, it appears that the average Church of Scotland attendance is about 60,000, with about 40,000 participating online (per AI and Google). The continuing mess in downsizing, discarding premises and alienating congregations, continues. Allan McDougall, Neilston. Memories are made of this Graeme McGarry ("Of course Scottish Cup success meant more to Aberdeen, but context is key", Herald Sport, May 29) is right to affirm that it is the out-of-the-ordinary achievements that really move us as football fans. On August 22, 2006, Hampden being used for a Rolling Stones concert, lowly Queen's Park beat Aberdeen 5-3 in a penalty shoot-out in a CIS Insurance cup tie at Firhill, no goals being scored in normal and extra time. I can still see Queen's Park goalkeeper Willie Cairns thundering a left-footed penalty high into the Aberdeen net. The face of Aberdeen manager, the late Jimmy Calderwood, spoke volumes. David Miller, Milngavie. Fiona Bruce (Image: PA) Arrested development Referring to the Liverpool incident in Water Street on Monday and fronting the BBC 6 O'Clock News on Tuesday (May 27), Fiona Bruce headlines that a 'man is arrested'. No. He has been arrested. He was arrested on Monday, he is not being arrested on Tuesday. Next she'll be saying that she is 'stood' while reading the news. I despair. Steve Barnet, Gargunnock.
STV News
7 days ago
- Health
- STV News
NHS must be reformed to remain affordable and sustainable, watchdog says
The governance of NHS Scotland must improve if the Scottish Government is to deliver the scale of reform needed across the health service, Audit Scotland has found. A new report by the watchdog found there were weaknesses in how the Scottish Government scrutinises the NHS. It said the nation's health system must be reformed to remain affordable and sustainable, with better governance key to achieving this. It urged the Government to make better use of non-executive directors to provide more challenge to the system. It warned that the planning and governance of healthcare in Scotland is becoming increasingly complex, limiting the ability of NHS boards to drive reform. NHS Scotland consists of 22 boards, with oversight lying with the Scottish Government. Audit Scotland said the mix of local, regional and national partners in the system made decision-making and accountability difficult. The Scottish Government has introduced a new planning framework, while a fresh national strategy is due this year. The watchdog's report said this will provide clarity for the NHS, while helping boards to work better together to deliver reform. But it warned it will also be challenging to implement. It said that the blueprint for good governance created with the Scottish Government had been well-received, but that there was scope for it to be strengthened in a way that more clearly set out how governance would be adapted to deliver reform. Stephen Boyle, Auditor General for Scotland, said: 'The delivery of NHS services must be reformed for Scotland's health service to remain affordable and sustainable. 'NHS Scotland's governance arrangements are key to delivering that reform, but they need to be strengthened. 'The planning of healthcare in Scotland is becoming more complex and the Scottish Government needs to ensure lines of accountability and decision-making are clear.' The Scottish Government has been approached for comment. Get all the latest news from around the country Follow STV News Scan the QR code on your mobile device for all the latest news from around the country
The Herald Scotland
7 days ago
- Health
- The Herald Scotland
Scottish Government urged to improve NHS governance to deliver reforms
It recommended that the nation's health system must be reformed to remain affordable and sustainable and said that better governance was key to achieving this. The report states that "it is not yet clear" that NHS Scotland's governance arrangements are designed to facilitate and deliver "the extent and pace of reform that must be achieved in the coming years". It notes there is scope for the current Blueprint for Good Governance to be "strengthened" and "refreshed". Audit Scotland has also urged the Government to make better use of non-executive directors to provide more scrutiny of the system. READ MORE: 'One in nine' Scots on NHS waiting list as delays hit record Scottish GP warns of over reliance on popular weight loss drugs Mounjaro: Scottish woman on highs and lows of weight loss drug They warned the planning and governance of healthcare in Scotland is becoming increasingly complex, limiting the ability of NHS boards to drive reform. Stephen Boyle, Auditor General for Scotland, said: 'The delivery of NHS services must be reformed for Scotland's health service to remain affordable and sustainable. 'NHS Scotland's governance arrangements are key to delivering that reform, but they need to be strengthened. 'The planning of healthcare in Scotland is becoming more complex and the Scottish Government needs to ensure lines of accountability and decision-making are clear.' NHS Scotland consists of 22 boards, including 14 health boards, with oversight lying with the Scottish Government. Audit Scotland said the mix of local, regional and national partners in the system made decision-making and accountability difficult. The Scottish Government has introduced a new planning framework, while a fresh national strategy is due this year. The watchdog's report said this will provide clarity for the NHS, while helping boards to work better together to deliver reform. But it warned it will also be challenging to implement. It said that the blueprint for good governance created with the Scottish Government had been well-received, but that there was scope for it to be strengthened in a way that more clearly set out how governance would be adapted to deliver reform. The Scottish Conservatives have said the report from Audit Scotland acts as "proof" the NHS is being mismanaged by the SNP. Scottish Conservative's health spokesperson Dr Sandesh Gulhane MSP said: 'This damning report is proof that our health service is being chronically mismanaged by the SNP. 'Successive nationalist health secretaries, including Humza Yousaf and Nicola Sturgeon, have decimated our NHS and pushed hardworking staff to breaking point. 'The report makes clear the SNP are an obstacle to the change that's so desperately needed to make our health service more effective. That includes too much money being wasted on bureaucracy, which should be spent on the frontline. 'We need to modernise our NHS to make best use of staff time and free up capacity to support and treat patients. 'That's why the Scottish Conservatives have proposed bold and ambitious plans including an app which will put power in the hands of patients and introducing 'Super Saturdays' to reduce waiting times.' Meanwhile, Scottish Labour has said the SNP's "overcrowded and bureaucratic" structure is "hindering accountability". Scottish Labour's Health spokesperson Jackie Baillie said 'Scotland's NHS is at breaking point and patients and staff across Scotland are suffering the consequences of the SNP's failure. 'The status quo won't cut it, but the SNP's overcrowded and bureaucratic structures are standing in the way of modernisation and hindering accountability. 'A Scottish Labour government will cut the number of health boards, reduce bureaucracy and red tape, improve accountability, put patients and frontline services first, and build an NHS that is truly fit for the future.' Cabinet Secretary for Health and Social Care, Neil Gray said: 'I acknowledge the Auditor General's spotlight report on governance in the NHS in Scotland. 'This supports the approach we have already set out for protecting, strengthening and renewing our National Health Service. "The recently published Operational Improvement Plan that focuses on the four key areas of improving access to treatment; shifting the balance of care; digital and technological innovation; and prevention, along with the forthcoming publication of a population health framework and a health and social care service renewal framework in June, establishes a clear path. 'In order to ensure this modernisation and renewal of our services is supported, good governance will be key and the Scottish Government will work closely with NHS Boards to ensure we deliver on our ambitions.'
