SAP Concur Blog·· 2022-06-29
SAP Concur: Using AI to Automate AP
Using AI to Automate AP
AI Overview
SAP Concur blog discusses how AI can automate accounts payable processes to reduce costs, errors, and improve compliance. It notes the average cost to manually process a single supplier invoice is £9, while AI can automatically capture invoices, provide dashboard views, and flag issues. Businesses using Concur Invoice reported an 18% increase in policy compliance and a 46% improvement in staff productivity.
Source:SAP Concur Blog · concur.com