This session will discuss how AI can take your AP automation strategy to the next level. From assembling company strategy, to customer success cases and a tech demo.
This case study will address a key challenge in AP at Takeda: automating invoices. It will cover lessons learned, as well as the recommendations for repeating the success and what Takeda would recommend. In addition, the session will spotlight how the project lost time, where they made it up and what's next for the AP team.
Intelligent document processing provides a subsidiary use of invoice data to increase the value of the extracted data. Supplier performance management, duplicate payment checking, inflation estimation, scope variance, all of these things (and more) create additional value for the organization but are often not considered in the solution as most companies start from the basis of trying to reduce AP processing cost. Join the Head of Operations Service Delivery at Suncorp to discuss:
• What invoices are being paid and why (are they from suppliers, customers, third parties)
• The effort Suncorp exerts to get these correctly paid (including leakage and rework)
• Utilizing the information in these invoices in unique ways such as supplier management and customer behavior/preferences