At SSON’s last AP Automation Summit, the biggest challenges to achieving AP Automation were cited as “integration with existing systems,” “change management & employee resistance,” and “handling exceptions.” Indeed, understanding how new and old systems fit together and the impact of change on people is no easy task. Therefore, SSON gathered together a group of experts together to give their advice on how to handle AP Automation’s biggest blockers and smooth the way for success.
Organized crime and disingenuous individuals are becoming far more practiced and professional in the art of stealing from you. As e-invoicing increases, more payments become digital, or finance functions are siloed, finance is a target for business email compromise (BEC) scams, phishing scams, deepfakes, and internal fraud. In fact, 44% of businesses have been targeted by invoice fraud and 43% of businesses have been hit by Business Email Compromise (BEC) scams according to a 2024 survey of 1,533 finance professionals from Censuswide Research. If you want the upper hand in the fight against fraud, put AI and machine learning to work. In this session, we’ll explore the different ways you can prevent fraud within your AP function, including:
AP teams are tasked with making their processes more cost and time efficient, whilst keeping suppliers happy to avoid escalation. Dana Pearson, Director, S2P Global Process Owner at Huntsman – a multinational chemicals manufacturer - is creating an autonomous AP process using Agentic AI to regain control, improve visibility over outsourced processes and streamline vendor communications. She and Paul Roiter, Xelix CEO and Co-founder, will discuss the current state and challenges of autonomous AP and how to best take advantage for your business.
In this session, you’ll learn:
1. How to use AI to gain visibility and efficiency in outsourced processes and remove language dependencies with teams spread out across different regions
2. How to complete statement reconciliations at scale and run a best-in-class AP helpdesk using agentic AI
3. How to approach autonomous AP iteratively, show value to stakeholders along the way and build confidence to roll out more AI projects in the future
Whether you run your processes externally or in-house, you’ll walk away from this session with actionable insights to help you improve visibility and efficiency and use AI to transform your AP function.
Bombarded by AI agents recently? You’re not alone.
AP departments and SSCs are increasingly targeted by vendors promoting "AI-driven solutions." However, confusion persists about what truly constitutes an AI agent and how it differs from conventional automation tools.
In this session, Zach Low, Senior VP of Revenue at Rossum, will contextualize AI agents within the AP landscape. Join to learn:
1. What is an AI agent, and how do AI agents for AP operate?
2. Why purpose-built AP agents with financial expertise outperform generic AI solutions for enterprise environments and SSCs.
3. How AI agents are now automating time-consuming, complex AP tasks like GL & tax coding, early payment discount optimization, and complex compliance workflows.
4. The future of AP teams: how specialist AI agents will augment human AP specialists.
One of the biggest factors preventing AP from optimizing, is the lack of data and process standardization. Without a standardized and centralized process, it is very difficult to get the full benefit from any intelligent automation implementation and reach optimum productivity levels. In this session we discuss what might be hampering your process transformation and how you can build a roadmap to a true end-to-end procure-to-pay process. We’ll cover global process ownership, digital workflows and process governance
Manual invoice processing is increasingly problematic, resulting in inefficiencies, constant errors and even security risks. To address these issues, many organizations are adopting automation to increase accuracy and operational efficiency. This session will cover global trends in business automation and examine why electronic invoicing is gaining traction within companies and governments around the world, and how streamlining financial processes support digital transformation and compliance for global organizations. In this session we’ll cover: