Watch this video to find how today’s automation, utilizing Artificial Intelligence (AI), can help businesses achieve world class Accounts Receivable (AR) management results.
In 2021, digital world-class finance organizations operated at 43% lower cost than typical finance organizations (i.e., peers), with a 48% productivity advantage. However, their advantage is not just about cost. The Hackett Group asserts they are also able to deliver higher-quality services.
This video will provide an insight into:
a) Intelligent Document Processing (IDP), which involves extracting and converting data from a wide variety of sources and documents into a usable format.
b) Automating Data Processing, which involves automatically processing 70 – 90% of the data in structured files.
c) Automating high-level tasks such as formulating credit limits, assigning reason codes to deductions etc.