Smartap - Digital Account Payables

AI Documents- “Intelligent Document processing” Digitization through AI, Machine Learning and NLP The new wave of digital technologies of Artificial Intelligence, Machine Learning and NLP are fundamentally changing the way the finance function of Account Payables operates. AI Documents is a digital account payable solution that provides intelligent invoice processing to help companies save significant time and costs. Through Digital Automation (AI, ML and NLP) it significantly reduces manual efforts for invoice capture and validation. AI Documents allows Account Payable staff to put aside old fashioned and time-consuming data entry tasks, and focus on optimizing financial supply chain. “Benefits” -> Classify, Extract & Validate invoice data <- Reduction of manual efforts via Automation and Machine Learning algorithms - Reduction of human error - Faster speed of processing invoices - Reducing vendor inquiries - Better cash management and improved operational efficiency