Modernizing AP: How AI Transforms Invoice and Payment Processing
Discover how AI streamlines invoice intake, coding, approvals, and payment, while improving accuracy and freeing your team for higher-value work. This practical guide explains the fundamentals of AI in Accounts Payable, how deep learning applies to real AP tasks, and what to expect as the technology continues to advance.
What you will learn:
- The basics of AI in finance and how it improves routine AP tasks such as capture, coding, and approvals.
- What makes Ottimate’s deep learning approach distinct, including a focus on line-item understanding and continuous model improvement.
- Ways AI accelerates throughput, from batching hundreds of invoices in a single file to automatic splitting, de-dupe checks, and document organization.
- Line-item data extraction that maps to GL, department, location, and other dimensions for accurate posting.
- PO, receipt, and cost-file matching to flag discrepancies before approval and payment.
- How AI pinpoints price variances and analyzes AP data for spending insight and risk reduction.
- What is next for AI in AP, including risk-based invoice intelligence and faster invoice-to-payment cycles
Download now to start transforming your AP process with practical insights and real-world examples of AI in action:
