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How do you automate non PO spend: Pattern analysis beats AI for consistency

Non PO based invoices often fall into the category of contractual, regular spend monthly invoices. Their value may fluctuate slightly, such as with utility and phone bills, but they arrive consistently and follow a similar spend profile. As they don’t have POs or receipts, we can’t be sure the invoice was intended or the service… Read More »How do you automate non PO spend: Pattern analysis beats AI for consistency

How Much Autonomy Should AI Have in Finance: Balancing Invoice Terms, Document AI and Cashflow

During my recent seminars at financeSHOWCASE, I’ve been asking the audience a simple yes-or-no question: “Would you trust AI to adjust a payment run if it found better terms or early settlement discounts on an invoice?” I’ve been tracking the responses in a Google Sheet, and the results have been interesting. My aim in asking… Read More »How Much Autonomy Should AI Have in Finance: Balancing Invoice Terms, Document AI and Cashflow

Process AI meets Document AI : New Abbyy Marketplace Asset

With all the hype around generative AI, it can sometimes be difficult to separate genuine value from noise. On LinkedIn I often see frustration expressed in comments like “GenAI can’t do maths”, “GenAI doesn’t understand this anatomy image”, or “GenAI is just a prediction engine”. These criticisms are not without merit, but they also miss… Read More »Process AI meets Document AI : New Abbyy Marketplace Asset