In our lifetime, it’s unlikely that the Accounts Payable (AP) process will be 100% autonomous. Human intervention and judgement continue to be required – even in the most technologically mature shared services organizations.
But the bulk of the AP process is characterized largely by tasks that are repetitive. These are obvious areas to automate. Given that this “bulk” makes up around 80% of most shared services AP activity, we can state confidently that 80% autonomous processing is achievable in 2024. AI is a fundamental enabler for this. This guide describes how AI helps makes this possible.
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