Market Price Insights
Leveraging advanced Large Language Models to bring transparency to pharmaceutical procurement.
The Problem:
Invisible Margins
Indian pharmacies procure medicines from multiple distributors, each offering different schemes, discounts, and PTR rates.
Because these rates fluctuate daily and invoices run into hundreds of line items, it is physically impossible for a human to track whether they are getting the best price for every single drug. This lack of transparency leads to margin leakage, where pharmacies overpay for medicines simply because they ordered from their default distributor instead of checking the market.
The Cost of Blind Procurement
- Missing out on 10+1 schemes from secondary suppliers.
- Accepting a 15% discount when the market rate is 22%.
- Wasting hours manually tallying physical bills at closing time.
The Solution:
AI Automation
SomiroAI acts as an automated auditor for your procurement. By connecting to your email, it ingests PDF and Excel invoices the moment they arrive.
Using advanced LLMs, it extracts the exact molecule, brand, batch, quantity, and unit price. It then cross-references this against historical purchases from other distributors to instantly identify cost-saving opportunities.
How The AI Works
- Connects securely via IMAP to read specific sender emails.
- Extracts unstructured data from PDFs into structured JSON.
- Fuzzy-matches molecule names to build a historical pricing database.
Extraction Accuracy
Our AI models accurately parse complex invoice structures across hundreds of unique distributor formats.
Margin Recovery
Pharmacies actively using SomiroAI's insights recover significant lost margin within the first 30 days.
Manual Entry
Everything happens automatically in the background via secure email integration. No scanning required.