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AI and Nominal Coding: Smarter, Faster, More Accurate Invoice Processing

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

Streamlining Purchase-to-Pay in Education: Simplifying Nominal Coding with Large Language Models

Different vertical sectors come with their own unique requirements. In this post, we explore how large language models (LLMs) can play a transformative role in education settings by streamlining the Purchase-to-Pay process. The Purchase-to-Pay journey often begins with a requisition, where users raise requests for purchases. Before these requests can be approved and converted into… Read More »Streamlining Purchase-to-Pay in Education: Simplifying Nominal Coding with Large Language Models

Unlocking Efficiency: Leveraging Large Language Models for Automated Sales Order Processing

Automating data extraction for incoming sales orders presents a significant challenge, particularly when dealing with orders received via email in natural language. While various automation methods exist for structured and semi-structured order formats, such as electronic data interchange, web portal integration, and intelligent document processing, handling unstructured natural language has historically posed difficulties. However, with… Read More »Unlocking Efficiency: Leveraging Large Language Models for Automated Sales Order Processing

Maximising Productivity with Large Language Models: Content Enhancement and Coding Assistance

There’s been a substantial amount of discussion lately surrounding the capabilities of Large Language Models (LLMs), with debate swinging between praise and criticism. Navigating through this raft of information to identify the genuinely useful applications can be somewhat challenging. I’m certainly not championing the use of LLMs to create content with minimal input other than… Read More »Maximising Productivity with Large Language Models: Content Enhancement and Coding Assistance