3 Ways Artificial Intelligence Uniquely Empowers Accounts Payable Departments to Become a Profit Center

APP2P17_Works_Application_Whitepaper_CoverBusinesses are rethinking their approach to accounts payable.  It is no longer enough for accounts payable to pay suppliers on-time.  Businesses now expect accounts payable to help drive profits.

But efforts to transform accounts payable from a back-office function – a cost center – and into a profit center are being undermined by manual and semi-automated accounts payable processes that:

  • Cost too much
  • Take too long
  • Provide inadequate visibility

Fortunately, an emerging technology called artificial intelligence (AI) – computers and software that do things normally done by humans, and do it better over time – uniquely address these obstacles.

IOFM’s latest white paper shows:

  • The benefits of transforming accounts payable into a profit center
  • Describes the three ways that manual and semi-automated accounts payable processes are preventing accounts payable from becoming a profit center
  • Defines AI technology
  • Details how AI eliminates the barriers to making accounts payable a profit center.

If transforming accounts payable into a profit center is among your priorities for 2018, download this white paper today!


Continuing Education Credits available:

AP CertificationPP-OC_seal_APP_outline.FNL
Receive 1 CEU toward renewing APM, APS, APPM or APPS certification from the Institute of Finance and Management! The Accounts Payable Certification and Procure-to-Pay Certification Programs are designed to establish standards for the profession and recognize Accounts Payable and Procure-to-Pay professionals who, by possessing related work experience and passing a comprehensive exam, have met stringent requirements for mastering the Accounts Payable and Procure-to-Pay bodies of knowledge


This white paper is provided free of charge and underwritten by a sponsor. Following your download, you may be contacted by the sponsor with information about their products and services.

Download this white paper by completing the fields below.

Having issues using the form below? Call 570-567-0425 or email customerservice@iofm.com for assistance.

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