The advent of Intelligent Automation (IA) powers digital modernization by introducing digital workers capable of complex, cognitive decision-making processes. This session will showcase how combining Robotic Process Automation (RPA), Machine Learning (ML), and Artificial Intelligence (AI) can transform your accounts payable processes. From invoice intake and assessment, intelligent data extraction, workflow approval, to voucher processing, these digital workers can help eliminate 70% of the tasks associated with managing your AP process. We will discuss the challenges of implementing these technologies and share strategies for overcoming them. By harnessing digital workers can help your PA team shift their focus to higher-value activities, providing deeper insights into supporting your vendors. Join us to discover how these disruptive technologies can empower audit teams to deliver greater strategic value and respond proactively to emerging risks.
Participants in this session will understand AI has the potential to revolutionize business AP operations and outcomes by enabling organizations to:
- Identify Key Applications of AI in AP Processing: Understand how AI can revolutionize business AP operations by automating tasks, providing real-time insights, and enhancing decision-making capabilities.
- Analyze Challenges and Best Practices for Implementing AI: Discuss common obstacles organizations face when integrating AI into their AP processes and share strategies for successful implementation and optimization.
- Evaluate the Strategic Value of AI in Optimizing Resource Allocation: Demonstrate how AI can improve resource allocation, streamline operations, and enhance overall efficiency through data-driven insights and analytics.
- Leverage AI to Continuously Improve Workflows: Learn how to use AI to make proactive decisions, anticipate changes, and continuously optimize workflows for better operational outcomes.