Many companies accept slow, manual accounts payable processes as an unavoidable part of operations. Paper invoices pile up, data entry consumes valuable time, and approval delays frustrate vendors.
Almost 80% of companies are forecasting an increase in the volume of payments processed through accounts payable systems and 75% expect an increase in the number of invoices handled via their accounts ...
Brex reports that automated invoice processing enhances efficiency, reduces costs, minimizes errors, and improves cash flow ...
Thanks to AI, the accounting profession is experiencing a significant shift. Researchers from Columbia University and elsewhere found that native AI agents within enterprise resource planning (ERP) ...
The results are meaningful improvements for a business: lower costs, better cash flow management, and stronger vendor relationships. In this article, Brex explains how AP automation works, the ...