Artificial Intelligence (AI) Solutions for AP

Artificial intelligence or AI is all the buzz.  The technology is an integral part of: 

• Smart home devices
• Medical kiosks
• Self-driving cards
• Robot butlers
• Traffic light control
• More!

Artificial intelligence also is a key component of Productivity Wrx℠, the next-generation IPS digital transformation platform for accounts payable automation that is delivered as a service. 

Productivity Wrx℠ can use artificial intelligence to:

• Recognize documents such as invoices
• Understand tasks such as business rules for workflow routing
• Monitor business processes such as invoice receipt
• Analyze data sets and patterns such as suspicious payment activity
• Mine information such as spend and exceptions per supplier

The artificial intelligence capabilities within Productivity Wrx℠ enables accounts payable management to reduce costs, accelerate cycle times, decrease errors and improve transparency and agility.