Using AI to Automate AP
The article explains how AI automates accounts payable. Manual invoice processing is costly, averaging £9 per supplier invoice, and error-prone. AI captures and uploads invoices automatically, improving compliance; businesses using Concur Invoice report an 18% increase in policy compliance and 46% improvement in staff productivity.
Impact and considerations
AI automation of AP reduces costs, improves compliance and productivity, directly benefiting finance operations and T&E management.
Key points
- Average cost to manually process a supplier invoice is £9
- Businesses using Concur Invoice see an 18% increase in policy compliance
- Companies using Concur Invoice saw a 46% improvement in staff productivity
Sources and time
- Primary source
- SAP Concur
- Other sources
- 0
- First source publication
- 29 Jun 2022, 19:47
- Page published
- 14 Aug 2026, 08:36
- Last updated
- 29 Jun 2022, 19:47
- Original links
- SAP Concur Blog：Using AI to Automate AP (opens in a new tab)Primary source · en · Published 29 Jun 2022, 19:47