ML and AI are enablers of a completely new era, which is nothing short of a revolution in how accounts payable (AP), procurement, and finance teams work. These technologies minimize the need for human intervention by learning from every exception that has been handled manually. In practice, any exception only occurs once. From then on, the AI learns through ML how to deal with the exception on its own in the
future. If applied in the right context, these technologies can impact the soundness of financial operations holistically – spanning from touchless processing, cashflow management, financial analysis, and more. With this, you contribute to the ultimate state of 100% touchless processing and spend visibility all organizations aim for.