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March 20, 2022
Over the last few years, in businesses across industries, there has been a large push towards digitisation.
Hitesh Arora
Intellect Design Arena
April 01, 2022
Enterprise growth in function and value always results in an increase in the procurement of products and services, leading to more invoices.
Jan 12, 2023
As conventional approaches to invoice processing have gradually been replaced ...
Dec 22, 2022
The traditional method of invoice processing, which largely entails the manual recording, ...
Changes in business architecture have pushed the need for businesses to update their invoice processing systems. Modern companies require solutions which provide them with flexibility and scalability. In this regard, AI-NLP-powered engines can transform the journey of an invoice from receiving it to getting paid.
The accounts payable department is responsible for the processing of invoices and payment to suppliers. The department plays a crucial role in all the business activities of an organisation. Although it is one of the most critical finance functions of every business, it is not a priority for any business to bring new technologies or adapt to global best practices in accounts payable.
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