Most Accounts Payable (AP) departments are struggling with invoice processing. Over 50%of AP teams say they are challenged with processing invoices efficiently and accurately even after spending over $10 on processing each invoice.
With the right technology, AP departments can improve accuracy, implement cost-saving measures, and start using intelligence for better decision-making. In our panel discussion we looked at the current state of AI in Accounts Payable and how it can help improve AP processes.
- The accounting technology journey to 2021, and the effect of current events on the modern accounting and finance department
- The current state of AI technology and how Machine Learning can advance AP operations
- Five ways organizations can leverage modern technology to help scale the organization and contribute towards the overall growth
- Best practices to evaluate and digitally transform AP data through AI