Automation or Illusion?
Is Your AP Automation Actually Doing the Work, or Is Your Team?
Most AP automation solutions merely digitize invoices and run basic PO comparisons for coding and payment vouchering. Very few possess the machine learning, advanced calculations, and inference capabilities required to validate, GL code, and voucher complex invoices—let alone eliminate the manual data entry required to get that data into your ERP.
This article highlights how semi-automated bottlenecks drain your time and money, while defining what full AP automation actually looks like.
The IntelliChief AP automation framework maximizes the number of invoices processed autonomously with straight-through processing (STP), while streamlining workflows for exceptions that require human intervention or approval.
By adopting this framework, you can process both simple and complex AP invoices with ease.
Why You Should Download “Automation or Illusion?”
In these environments, AP teams need these two workflows for true automation: Autonomous Zero-Touch (UP to 90% STP) and Semi-Autonomous Low-Touch (Remaining 10%). Both workflows are essential to manage and route invoices based on corporate governance.
Have questions or want to see IntelliChief in action? Contact us today to speak directly with one of our experts or book a demo to explore how AI-enabled AP automation works with your ERP.