84% of Business Leaders Believe Generative AI Will Positively Impact the Workforce

Demystifying AI’s Capabilities for Use in Payments

Artificial intelligence (AI) applications for payments range from improving efficiency to preventing fraud to personalizing the customer experience, but worries about its impact on the workforce abound. The latest “Working Capital Tracker®,” a collaboration with Billtrust, sorts the myths from the realities of AI for the industry and explains how businesses can leverage the technology wisely.

Inside the October Tracker
  • Rising prices and economic anxiety are pushing companies to consider adopting AI to streamline their payments and combat fraud.
  • Implementing AI involves building the data and technical infrastructure to accommodate the technology. These steps are neither easy nor cheap.
  • Worries are widespread that AI is here to replace the labor force. What is the likely workforce impact of embedding AI into payment processes?

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    Billtrust Working Capital Tracker Series

    Working Capital Tracker®: Late Payments Across Verticals: The Good, the Bad and the Ugly
    Working Capital Tracker®: Tapping AI’s Potential for AR Optimization
    Automation Clears the Path to Getting Paid on Time
    Can Automating Working Capital Insulate Businesses From an Economic Downturn?