5 Ways Artificial Intelligence Transforms Invoice Data Capture

From Hollywood to healthcare to luxury hotels, artificial intelligence (or AI) is a hot topic!

The impact of AI in invoice data capture may not be as worthy of a science fiction movie or a cover story in a glossy consumer magazine, but the results will be as transformative. 

Data capture solutions with AI give the accounts payable departments that are bold enough to adopt the technology a way to finally rid themselves of the repetitive and menial manual tasks (think: manual invoice data!) that have painted the profession as a tactical back-office function. 

While the idea of machines performing invoice data capture may concern some, accounts payable practitioners rank AI among the most important technologies to the future of their profession.

IOFM’s latest white paper shows what has accounts payable professionals so excited.

The paper provides a definition of AI, details what finance departments want from the technology, describes how AI works in data capture, and shows five transformative benefits the technology delivers to the invoice data capture process.   

If you are ready to rid your department of tedious manual processes, this white paper is for you!