From Hollywood to healthcare to luxury hotels, artificial intelligence (or AI) is a hot topic!
The impact of AI in invoice data capture may not be as worthy of a science fiction movie or a cover story in a glossy consumer magazine, but the results will be as transformative.
Data capture solutions with AI give the accounts payable departments that are bold enough to adopt the technology a way to finally rid themselves of the repetitive and menial manual tasks (think: manual invoice data!) that have painted the profession as a tactical back-office function.
While the idea of machines performing invoice data capture may concern some, accounts payable practitioners rank AI among the most important technologies to the future of their profession.