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
ABBYY asked me to contribute to its blog. I covered how process reengineering, GenAI and document AI work together to improve customer enquiry management. https://www.abbyy.com/blog/process-first-automation-document-ai-genai https://www.linkedin.com/feed/update/urn:li:activity:7387210090082136064
Sometimes it is nice to work on something simple yet effective. One of our existing customers needed a picking app but was not ready to invest in a warehouse management system. They also wanted to keep paper picking lists at the start of the workflow. Since they already used our business process management tool, they… Read More »Is Simple Enough: A Quick Picking App with Barcodes
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
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
I recently had the pleasure of attending the ABBYY AI Summit in London, where I was fortunate to listen to and chat with a wide range of AI experts. Naturally, the focus was on Document AI and Process Intelligence AI, with one of the key topics being the role of AI within Intelligent Document Processing… Read More »Document AI Meets GenAI: Transforming Customer Enquiry Management
I’ve recently been working to improve my understanding of how Intelligent Document Processing (IDP) leverages different types of AI to extract data from documents. We’ve been using ABBYY FlexiCapture for many years and are now transitioning our solutions to ABBYY Vantage. With all the recent discussion around AI in IDP tools, I thought it best… Read More »AI in Intelligent Document Processing: How Transformers and Deep Learning Power ABBYY’s IDP Tools
Nominal Coding Whilst PO-based invoices typically derive their nominal or GL coding from the ordered items, overhead or expense-based invoices without a PO may require additional coding steps. Traditionally managed manually by the Finance team, there are now several more automated approaches available: AI Nominal Coding The success of AI-driven options largely depends on the… Read More »AI and Nominal Coding: Smarter, Faster, More Accurate Invoice Processing
My whitepaper, ‘AP Automation Strategy Whitepaper Richard Fishburn’, is now in its 1.1 version. I’ve included a redacted copy here. If you’d like access to the full content, please reach out to me via LinkedIn or email. This document is designed to provide customers and partners with my perspective on the AP process, highlighting the… Read More »AP Automation Strategy Whitepaper: Version 1.1
Thrilled to be chosen as an Abbyy Most Valuable Professional this year. You can find out more about the MVP program here – https://www.abbyy.com/mvp/. A link to the original LinkedIn post – https://www.linkedin.com/feed/update/urn:li:activity:7292531970218090496/ Abbyy defines an MVP as such: An ABBYY Most Valuable Professional (MVP) is a distinguished title awarded to developers who demonstrate exceptional… Read More »ABBYY MVP 2025: I am Honoured to Be Recognised for Expertise and Community Contribution