How AI is changing the game in accounts payable

Automation, Digitization and Impact explores accounts payable automation's past, present and future.

Accounts payable teams continue to prove themselves as strategic business partners, overseeing cash positions and growth opportunities. Technology is helping their influence by enhancing efficiency, precision, speed and agility in finance operations– propelling leaders to invest in tech and integrations.

In fact, 87% of finance and shared service practitioners point to integrating end-to-end processes as a top priority – an 81% increase from the previous year. The need is evident, but surprisingly, less than half of the same respondents are taking advantage of artificial intelligence (AI) in their digitization efforts. When push comes to shove, they’re still struggling with errors and bottlenecks because digitization alone simply isn’t going to cut it. They need more.

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