[…] Accounts payable (AP) departments are leveraging AI-powered solutions to transform their operations and drive business growth. Some of the key benefits include legacy inefficiencies as many AP teams still rely on outdated processes, such as paper invoices and checks. AI and automation are helping AP departments overcome these legacy issues by streamlining workflows, reducing errors, and improving efficiency. Automating AP processes can significantly reduce the costs of using paper checks and fraud detection is strengthened. Businesses are encouraged to adopt a step-by-step approach to modernization to improve overall efficiency. (Source: PYMNTS) […]