According to IOFM, a staggering 52% of automation that has been bought by AP teams since 2018 is already slated to be replaced. Traditional workflow-driven automation and manual processes are slow to scale if they even can at all.
Enter Artificial Intelligence (AI), which learns and adjusts quickly and efficiently as it goes without the need for manually built automation rules. From driving to banking, previously complex and tedious tasks can now be automated, streamlined with ease—and this is equally true for the AP function.
During this webinar, Gary Malhotra, AppZen’s VP of Product Marketing, joined Jess Scheer, Executive Editor of IOFM, for a conversation around how AI reduces spend, effort, costs, and risks and provide insights into spending patterns for better business decisions. Additional topics include:
- The difference between Automation and Autonomous
- The Autonomous Finance Index: Learn where your organization ranks on level of autonomy in AP operations
- The areas in your process most ripe for transformation with AI
- How to get started and see value almost immediately