May. 31 at 5:34 PM
$INFY business process mgmt arm, Infosys BPM, has added artificial intelligence agents for invoice processing to its Infosys Accounts Payable on Cloud solution. This solution makes invoice processing largely autonomous to enhance efficiency & accuracy
The solution includes the capabilities of the suite of generative AI services, solutions & platforms called Infosys Topaz, as well as
$MSFT AI stack, including Azure AI Foundry & other LLMs
When AI is applied to accounts payable, AP teams are freed from the manual burden of keying data and chasing approvals
Coupa: 38% of US CFOs at large enterprises are actively using AI in the AP programs & an additional 43% are interested in doing so.
Venn released new functionality for its platform to help Canadian businesses automate vendor payments. The company said early testing showed businesses could reduce the time needed to pay their vendors by 70%.
