🚀New CFO Insights episode alert!
We're excited to unveil the latest episode from our CFO Insights series, featuring Jon Naseath,CFO and strategic advisor. Join us as Jon and Sherry explore the intricacies of straight-through processing (STP) for invoices and the challenges companies face today.
Key takeaways:
- Importance of trust: Despite advances in digital technology, manual reviews remain essential for ensuring accuracy and preventing fraud in invoice processing.
- Value-based constraints: Discover how specific financial limits and vendor characteristics influence the processing and approval of invoices.
- Domestic vs. foreign vendors: Learn how payment risks and procedures differ between local and international vendors
- Contract-based vs. non-contract-based invoices: Explore how having a formal contract affects invoice processing and decision-making.
- AI’s role: Understand how artificial intelligence can significantly improve the security and efficiency of invoice processing by identifying discrepancies and preventing fraudulent activities.
Jon shares valuable insights on managing invoice processing challenges and how AI is transforming this landscape.
Tune in to discover how AI can revolutionize your STP approach and boost fraud protection.
Негізгі бет Constraints on straight-through processing of invoices
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