Efficiently capturing and processing information from paper documents and various digital sources is crucial for smooth business operations,...
Outsourcing vs. Automation in Document and Data Capture
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AI
AI in Invoice Processing
AI's new roles in the financial back-office Traditionally, the financial back office has been filled with manual, time-consuming tasks. It relied...
Why AI is the Key to Contextualizing OCR Data
Benefits of Contextualizing OCR Data Optical Character Recognition (OCR) is a technology that stands for efficiency and productivity. By converting...
Contextualizing OCR-Captured Data with AI
In today's data-driven business landscape, the sheer volume of information generated by back-office operations can be overwhelming. From financial...
AI’s Role in Automating PO Delivery & Updates
Simplifying the Procurement Process Efficiency is the cornerstone of successful procurement and sourcing in today's fast-paced environment. Every...
Using AI to Improve Vendor Onboarding
AI can significantly streamline and enhance the vendor onboarding (supplier onboarding) process by automating various tasks, improving efficiency,...
AI-Assisted, Rules-Based Workflows
In the dynamic landscape of business operations, the integration of artificial intelligence (AI) into rules-based workflows has emerged as a game-changer. AI-assisted rules-based workflows bring a new level of efficiency, accuracy, and adaptability to various processes, including those in the financial back-office.
Budgeting for AI in Accounts Payable
As summer winds down and we head into budgeting season, many companies will have Artificial Intelligence (AI) solutions on their radar for the...
The Power of AI in Accounts Payable
While the actual savings will vary depending on your company’s specific circumstances, industry and case studies have reported cost savings ranging from 20% to 50% or more in AP departments implementing AI-powered solutions.
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