Senior Director, Alliances
Main Conference Day One | Thursday, June 27, 2019
Thursday, June 27th, 2019
RPA, OCR, AI, Machine Learning, NLP and (insert your favorite automation buzzword here) are all technologies that promise to improve the accuracy and provide straight through/touchless processing of invoices. While these technologies provide a greater level of automation than manual processes, they don’t address the source of the challenge these technologies are solving - receiving paper and PDF invoices. How can you solve this challenge and move to a digital future? How should you think about your future F&A function where technologies don’t just act as stopgap fixes but contribute towards a holistic and even “invisible" enterprise capability?
In this session, we will review the critical success factors that will drive the F&A function of the future, towards “invisible” F&A. As an example of how organizations can think about this shift, we will review e-invoicing strategies that get away from paper and PDF challenges that OCR and RPA approaches tend to focus on. We will cover:
· Common challenges of e-invoicing adoption by suppliers
· An onboarding approach and segmentation that covers 100% of suppliers (top, middle and long tail)
· How to offer a balanced approach to e-invoicing that benefits both buyers and suppliers