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Not All OCR Solutions Are Created Equal

Not All OCR Solutions Are Created Equal

Understanding documents is extremely valuable when setting up a successful AI-powered OCR solution because not all OCR solutions are created equal....

Budgeting for AI in Accounts Payable

Budgeting for AI in Accounts Payable

As summer winds down and we head into budgeting season, many companies will have AI on their radar. When formulating your budgets, keep in mind that...

Collaboration: Procurement and Finance

Collaboration: Procurement and Finance

Collaboration between procurement and finance is a key element in improving efficiency and profitability in your organization. Here are some ways...

The Power of AI in Accounts Payable

The Power of AI in Accounts Payable

Implementing AI-powered solutions in accounts payable departments can lead to significant cost savings as well as operational and financial...

Vendor Portal Functionality

Vendor Portal Functionality

A vendor portal is a central platform for vendors or suppliers to communicate, collaborate, and transact with an organization. The specific features...

Automated Vendor Onboarding Process

Automated Vendor Onboarding Process

Vendor onboarding processes are incredibly important for any organization that deals with vendors. Without set processes, adding additional vendors...

AI in Procurement

AI in Procurement

There are many areas where AI can be beneficial to back-office operations. AI increases performance, lowers vendor risk, and decreases costs in...

Big Changes in the Year Ahead

Big Changes in the Year Ahead

2024 is almost here, and we are so excited for the year ahead! Two emerging trends will offer back-office operations the opportunity to become more...

Costs of Manual Vendor Onboarding

Costs of Manual Vendor Onboarding

Although manual onboarding has long been the most common, albeit time-consuming, form of vendor onboarding, its simplicity may be doing...

Data Liberation

Data Liberation

Unstructured data, in its myriad forms—emails, documents, images—holds immense potential, waiting to transform the efficiency and strategic...

AI-Assisted, Rules-Based Workflows

AI-Assisted, Rules-Based Workflows

The integration of AI into rules-based workflows has emerged as a game-changer. AI-assisted rules-based workflows bring a new level of efficiency,...

Streamlining Vendor Onboarding

Streamlining Vendor Onboarding

The Benefits of a Vendor Portal-Based System Vendor onboarding is a necessary and important process for any business. Streamlining vendor onboarding...

Factors to Consider in Evaluating EDI

Factors to Consider in Evaluating EDI

Today, organizations are constantly seeking ways to streamline their operations and improve efficiency. One area where this is particularly...

Data Capture Technology Options

Data Capture Technology Options

Data capture technologies are methods or systems used to collect, record, store, and digitize information from various sources. These technologies...

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