March 12th, Day Two

9:00 am - 9:30 am EST Factors Influencing AI Adoption in Financial Accounting: Focus on Accounts Payable

Simon Plattel - Managing Director & CEO, Cevinio
  • Key factors that contribute to successful utilization of AI technologies in financial accounting processes. 
  • AI technologies in AP and AR: RPA, ML and LLMs. 
  • Organizational Factors influencing AI Adoption (Organizational readiness, technical expertise, technological infrastructure). 
  • Challenges and Barriers to AI Adoption




img

Simon Plattel

Managing Director & CEO
Cevinio

One of the biggest factors preventing AP from optimizing, is the lack of data and process standardization. Without a standardized and centralized process, it is very difficult to get the full benefit from any intelligent automation implementation and reach optimum productivity levels. In this session we discuss what might be hampering your process transformation and how you can build a roadmap to a true end-to-end procure-to-pay process. We’ll cover global process ownership, digital workflows and process governance

img

Julie Lydon

Director, Global Source to Pay
Pearson

img

Julie Schwendimann

Vice President, Global Shared Services Operations
Stanley Black & Decker

img

Rob Jackson

Former VP, Finance Operations
Sage

10:45 am - 11:15 am EST Applying AP Intelligence To Improve Control Over Spend & Increase Organizational Resilience

According to SSON Research & Analytics’ latest AP automation survey, improved control over spend was one of the top 3 drivers of AP automation. In fact, having better control and visibility over your spending can help not only mitigate the risk of fraud, but put you in a better place to deal with unforeseen market fluctuations. This session talks about how to apply AP intelligence, focusing on: 

  • Turning cash insight into action  
  • Using AP intelligence to illustrate, manage and optimize vendor spend  
  • Linking spend analytics to early payment discounts