Simple AI - How It Works

Transcript

Companies face numerous challenges when calculating their corporate carbon footprint, dealing with massive amounts of data, ensuring transparency and quality for third party auditing, gathering supply chain emissions from thousands of suppliers and often simply not knowing where to start. Simple was built to solve these problems and make calculating even scope 3 carbon emissions fast, accurate and simple. Let me show you how. Here's a brand new company on our cloud app with no data yet. To add data, simply upload PDF invoices and even quotations or use our API to integrate with your ERP system. Let's upload some PDF invoices to show you the complete process. Drag in invoice PDFs or folders and our automated calculation begins. This works even with scanned paper invoices or receipts. We engineered Simple for companies of any size, from paper-based small businesses to fully digital enterprises with minimal setup required. When Simple AI extracts invoice information, it detects relevant items and converts only those to carbon emissions using preferably primary data like EPDs and PCFs or the activity-based calculation method, industry best practice when supplier-specific data is not available. Simple converts the exact quantity, volume or weight of each purchased item into precise carbon emissions using ISO compliant CO2e datasets from leading industry providers. The first invoices are already processed, so let's look at our dashboard. This dashboard shows all high-level insights into our carbon emissions. The whole process took just seconds with no manual work. Doing this manually would take hours and for hundreds of thousands of invoices in large companies it would take months. With Simple this happens in just hours. Here's what we see. The overall footprint across three scopes. Scope 1 in red shows emissions from burning fuels. Scope 2 in blue covers electricity, heat, steam and cooling. Scope 3 in green captures all other supply chain emissions. In this case that's 90% of the footprint. More than half of all line items don't contribute to emissions, so Simple AI automatically filters them out, saving significant time normally spent on manual data screening. Below we see scopes broken down into GHG protocol categories, purchased goods and services, fuel use, transportation, business travel, electricity and more. Every transaction is automatically assigned to the appropriate category for industry standard carbon accounting. We can also see suppliers ranked by their emissions contribution and which activities drive the most emissions. Here it's steel purchases followed by fuel. Let's see how Simple AI generated this data. Take this concrete delivery invoice. The actual paper invoice is here. Switching to list items, Simple AI has detected the relevant line items in green, automatically matched them to the relevant CO2e dataset and calculated total emissions for each line item. Here's a delivery of round steel piles for building foundations. These arrive in pieces but the CO2e dataset requires kilograms. The AI takes the dimensions from the line item, calculates weight using volume and steel density and calculates the final carbon emissions. Thousands of these processes happen in parallel, making previously unrealistic workloads possible through AI. Back on our dashboard, let's examine suppliers more closely. Clicking the title gives us a detailed view with precise emission contributions from each supplier. We can immediately create a report, add charts and take it to meetings about supply chain emissions. Simple calculates emissions down to each line item. To reduce emissions over time, companies need their complete footprint in detail with consistent methodology across years. This requires accounting for all activities using the activity-based calculation method, which truly reflects the physical reality of a company's emissions. The data already exists at companies in documents like invoices. AI automatically processes thousands of documents and turns them into real-time carbon emission insights, eliminating manual data collection, screening, aggregation and calculation. What currently takes companies months can be done in hours with Simple, achieving much higher detail. Simple makes carbon emission data as available as financial data is today, turning it into an essential business tool, not just a bureaucratic exercise. Simple, making carbon visible.