Unleash the Potential of AP: How to use AI to Supercharge Accounts Payable Controls and Drive Process Efficiency
When the Accounts Payable workload is intense, teams focus on business-critical tasks. Therefore, overburdened AP departments may not have the time or capacity to perform other important tasks like reconciling 100% of supplier statements, which can result in huge sums leaking from the organisation.
Join us as we explore how the AP team at retailer, Mole Valley Farmers, is using AI to regain visibility and control.
Watch to learn:
- How automating statement reconciliation with Xelix has improved the invoice processing of 500K invoices per year
- How AI is driving improvements to the audit process and reducing the risk of fraud and payment errors
- How supplier relationships and team morale are improving with newly implemented processes and technology, giving the team time back to focus on high impact tasks and professional development
AP Manager, Mole Valley Farmers
Commercial Director & Co-Founder, Xelix