Automation Innovation

Automating certain aspects of the accounts payable function entered the business mainstream long before artificial intelligence became a vital component of efficient AP processing. As artificial intelligence increases in scope and usefulness, it is enhancing AP automation in numerous ways. Savings in Time AI data capture scans incoming invoices, intelligently identifying the...

Accounts Payable (AP) automation takes advantage of technology to streamline accounting functions, eliminating or minimizing manual tasks and enabling enhanced transparency and visibility into financial data. Overview Accounts Payable is the formal business term for the money owed by an organization to its suppliers, vendors, partners, and any other entity outside of...

In markets with slim margins, such as the restaurant industry, automating routine and time-consumptive tasks can make all the difference between reporting a profit or a loss on a company's bottom line. Some of the key activities that can be fully automated include data entry, vendor payments, statement reconciliation, and...

The popular conception of "Artificial Intelligence" revolves mostly around robots threatening humanity; the reality is far from that. According to Gartner Research, artificial intelligence is at the early adoption stage in the technology growth cycle, and is on track to being used seamlessly in smarter software. The Number One use for...