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In manufacturing plants, call centers and many other workplaces, automation is the standard. However, when it comes to corporateaccounting departments, automation is still the exception. Will they be able to capitalize on it by investing in accountspayableautomation going forward?
Companies are now working to revamp and upgrade their accountspayable (AP) strategies to suit an environment in which financial teams must work remotely and in which cash flow strains are especially likely,” the new Guide states. And operations still using manual accountspayable (AP) methods are really rethinking things. “A
Reactive instead of proactive planning, late payments, a lack of visibility: Accountspayable professionals in the U.K. Accountspayableautomation firm Invu released its latest survey, “ Changing trends in the purchasing processes of U.K.
Bots are marching steadily into the corporateaccounting department as professionals feel more comfortable handing tasks to a machine. Arming the bot with the ability to answer CPA questions means it would be able to support more technical aspects of corporateaccounting and finance, so as to support human accountants.
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