Description
AI Buyer Guide for Accounts Payable Receivable Automation
Accounts Payable (AP) and Accounts Receivable (AR) Automation refers to the use of technology, particularly artificial intelligence (AI) and machine learning, to streamline, digitize, and optimize the processes involved in managing payments owed to suppliers (AP) and payments due from customers (AR).
AI-enabled AP/AR solutions automate tasks such as invoice processing, payment matching, collections, cash application, and fraud detection, reducing manual effort and enhancing accuracy.
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