The debate between best-of-breed applications and ERP systems continues to gain momentum as time goes on. While both options have their merits, we will discuss the distinct advantages of best-of-breed applications over the functionality offered by ERP systems in...
Transforming the financial back office into a profit center involves several steps and perhaps changes in your current operation. The major areas to focus on include optimizing processes, leveraging technology, promoting self-service, and expanding services. In this...
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 the costs of implementing advanced AI in an AP automation process vary depending on several different factors. These...
Implementing AI-powered solutions in accounts payable departments can lead to significant cost savings as well as operational and financial efficiencies. The exact savings you can expect depend on factors such as your company size, invoice processing volumes, existing...
AI is already significantly impacting financial back-office operations, and its influence is expected to increase exponentially in the coming years. While many will see AI as an opportunity, others are not so optimistic; however, despite what people may think, AI is...
