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How to Build a Business Case for AP Automation in Five Steps
Automating accounts payable is a cost-effective, low-effort alternative to other digital transformation projects, but its benefits are both immediate and widespread. With all the advantages
AI-Powered Financial Automation for Wholesale Lockbox Processors
Wholesale lockbox processors often struggle with manual data entry because it can be time-consuming and error-prone. In a lockbox operation, customers send payments (such as
Why B2B Financial Document Automation Critical for Transaction Processors and Banks
What is Financial Document Automation AI-powered B2B financial document automation is the application of artificial intelligence and machine learning algorithms to automate and streamline the
Breaking Down VAT Compliance Reporting
Currently, value-added tax (VAT) is used by over 160 countries worldwide, spanning from Latin America to Europe, Africa, and the Asia Pacific. But for accounting
Financial Services BPO Transforms Back-Office Operations with Itemize
A leading financial services BPO offering solutions that ignite efficiency, savings, and revenue growth across industries. The team has noticed increased digitization efforts amongst its
The True Cost of Manual AP and Three Reasons to Consider Cloud
According to recent research from the Institute of Finance and Management (IOFM), more than 75% of all annual invoices are still processed manually. Many businesses