The AP automation process has 5 inherent inefficiencies that every AP team faces. Solving these challenges requires constant human intervention, slowing you down and keeping you from achieving your tech stack’s intended ROI:
• Incomplete and inaccurate data extraction• Inability to validate invoice data
• Failure to code non-PO invoices
• Challenges with PO matching and reconciliation
• Lack of thorough auditing for duplicates, correct POs, and compliance issues
Related resources
Webinars
Elevate Expense Audits: AI Insights for Productivity & Policy
More
Webinars
Evaluating GenAI for Finance
More
Webinars
Driving HCP finance compliance with AI
More
Webinars
How Applied Industrial achieved 60% fully autonomous AP processing
More
Webinars
How to Optimize Corporate Spend with Automated Compliance
More
Webinars
AI for AP: Why AI and Why Now
More
Webinars
AI vs. Outsourced Human Expense Auditing
More
Webinars
How to Achieve Quick and Easy Wins with Autonomous Accounts Payable
More
Webinars