A lot of new technologies promise to revolutionize P2P. However, many don’t live up to the hype. Even technologies that are improving P2P, don’t always deliver as well as promised.
But what about AI? AI comes with promise of transforming P2P, but we are still in the early stages. While it hasn’t yet taken shared services by storm, there are some early and excellent examples of its potential.
Download the How to Leverage Artificial Intelligence in P2P white paper for practical examples how AI is being leveraged in P2P, or watch The Next Big Thing in S2P: AI and Big Data webinar exploring research about AI in P2P.
The white paper and webinar explore some areas where AI is making a difference:
- AI is transforming benchmarking. AI is using real-time information to deliver community intelligence.
- In P2P, AI can drive significant spend management savings. AI-powered spend management helps companies better understand their supplier base, enabling them to make better purchasing decisions, exercise better risk control, and capture more discounts.
- AI is driving touchless invoicing. AI-powered software can help improve rates of touchless processing as they take on the manual work that your AP team would otherwise have to do.
To dig deeper and find out whether AI is hype or the real deal, download the white paper or watch this webinar.
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