In general, Accounts Payable automation software (AP Automation) helps automate your manual offline invoice approval process, but when combined with Machine Learning and Artificial Intelligence… read more
Invoice processing in many companies is often a labor-intensive process that is laden with human errors, remiss of collaboration and prone to higher risk of fraud. It is a process… read more
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Invoice fraud is just one of several occupational fraud schemes that cost companies nearly $7 billion in 2018 alone according to a recent study by… read more
As an accounts payable professional, it’s no secret to you that the AP process and team are the unsung heroes of any business. Did you know that 82… read more
Being a finance manager is not an easy job. In the “7 Habits of Highly Effective People”, author Stephen Covey describes the difference between management… read more
It’s no secret that duplicate invoice payments are the Achilles’ heel of the Accounts Payable process. Clerks who are trying to accelerate invoice processing can… read more
In addition to offering the only true collaborative Accounts Payable (AP) automation solution on the market, Stampli also delivers cutting-edge technology in another area; Artificial… read more
While the term “automation” has taken the Accounts Payable world by storm in the last few years, now the phrases “machine learning” and “Artificial Intelligence”… read more
According to a recent survey from the Institute of Finance and Management (IOFM), more than two-third of all annual invoices are still processed manually. Paper… read more
Chasing after various people to get their approvals on invoices is one of the most frustrating parts of the Accounts Payable invoice management process. Sending… read more