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Basware Debuts AI Tool For Accounts Payable Automation

PYMNTS

Basware Director of Network Solutions Sami Nikula said in the announcement that the company had a vast array of information to educate the new AI models, “allowing us to confidently achieve the targeted field level accuracy of 97 percent.”.

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Accounts Payable: Definition and Process

CFO Share

What is accounts payable ? What is accounts payable? Accounts payable is short-term obligations (aka bills) due to vendors for services or goods received. AP statements are a standard report out of all accounting systems. What are examples of accounts payable? Accounts Payable Tools.

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CEOs, Finance Staff On Opposite Sides Of The Accounts Payable Fence

PYMNTS

A new report from Software-as-a-Service (SaaS) firm Inspyrus suggested that chief executive officers and accounts payable (AP) professionals aren’t seeing eye to eye on AP technology, and organizations are failing to upgrade their AP processes and tools as a result.

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A ‘Payment-Agnostic’ Approach To Accounts Payable

PYMNTS

The competition is heating up between payment technologies in accounts payable, with ACH and virtual cards seeing significant pushes in the B2B payments space to combat the dreaded paper check. I see a real opportunity in the mid-to-small market, which needs a proper amount of education,” he said. Which will come out on top?

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The Biggest Challenge Facing Accounts Payable

CFO Share

The biggest challenges facing accounts payable are chaos, maintenance cost, and fraud. Bring order to Accounts Payable. Accounts payable is a non-revenue-generating expense which best in class businesses minimize. Minimize fraud risk Accounts payable is the number one source of fraud in small businesses.

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Webinar: 2022 Modernizing Accounts Payable Processing Survey Results | May 17

Strategic Treasurer

2022 Modernizing Accounts Payable Processing Survey Results. Description : This webinar discusses the accounts payable (AP) results from the 2022 Modernizing AP & AR Processing Survey. Learning Objectives : Consider the accounts payable (AP) results from the 2022 Modernizing AP & AR Processing Survey.

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#247 – Becoming a Treasurer Series, Part 26: Languages of Finance: Accounts Payable

Strategic Treasurer

Episode 247 Becoming a Treasurer Series, Part 26: Languages of Finance: Accounts Payable What problems arise when treasury and accounts payable misunderstand each other? Host: Jason Campbell, Strategic Treasurer Speaker: Craig Jeffery, Strategic Treasurer Subscribe to the Treasury Update Podcast on your favorite app!