Machine learning (ML) and artificial intelligence (AI) are enablers of a new era and can revolutionize crucial processes, procure-to-pay (P2P) being a prime example. These technologies can minimize the need for human intervention by learning from exceptions that have been handled manually in the past in order to deal with them autonomously.
ML and AI can especially impact financial operations in the P2P process through touchless processing and financial analysis, which can help improve overall cash flow management. By handling the majority of invoices, they can help increase their accuracy and ensure they are paid on time. This white paper provided by Basware outlines how these two technologies can help improve accounts payable (AP) and P2P processes.
Download this white paper to:
- Learn how ML and AI can help improve financial insights when applied on accounts payable and P2P processes.
- Uncover how predictive analytics power business insights.
- Discover how using ML and AI on the data can help create spend visibility.
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