{"id":12990,"date":"2022-04-13T16:01:17","date_gmt":"2022-04-13T14:01:17","guid":{"rendered":"https:\/\/insiders-technologies.com\/staging\/?p=12990"},"modified":"2022-04-14T13:22:00","modified_gmt":"2022-04-14T11:22:00","slug":"invoice-processing-with-ai","status":"publish","type":"post","link":"https:\/\/insiders.next-kmu.de\/en\/invoice-processing-with-ai\/","title":{"rendered":"Invoice pro\u00adces\u00adsing rethought with AI"},"content":{"rendered":"<p>[et_pb_section fb_built=\u201e1\u201c _builder_version=\u201e3.22\u201c custom_padding=\u201e0px||0px||true\u201c global_colors_info=\u201c{}\u201c][et_pb_row _builder_version=\u201e3.25\u201c custom_padding=\u201c||0px|\u201c global_colors_info=\u201c{}\u201c][et_pb_column type=\u201e4_4\u201c _builder_version=\u201e3.25\u201c custom_padding=\u201c|||\u201c global_colors_info=\u201c{}\u201c custom_padding__hover=\u201c|||\u201c][et_pb_post_title author=\u201eoff\u201c categories=\u201eoff\u201c comments=\u201eoff\u201c _builder_version=\u201e4.9.4\u201c _module_preset=\u201edefault\u201c title_font=\u201eMontserrat|800|||||||\u201c global_colors_info=\u201c{}\u201c][\/et_pb_post_title][et_pb_text _builder_version=\u201e4.10.6\u201c header_font=\u201c|700|||||||\u201c module_alignment=\u201ecenter\u201c hover_enabled=\u201e0\u201c saved_tabs=\u201eall\u201c locked=\u201eoff\u201c global_colors_info=\u201c{}\u201c sticky_enabled=\u201e0\u201c]<\/p>\n<p><strong>Arti\u00adfi\u00adcial intel\u00adli\u00adgence allows largely automatic pro\u00adces\u00adsing of invoices. This reduces effort and runtimes. Our current webinar series presents modern AI approa\u00adches in purchase-to-pay (P2P) and order-to-cash (O2C) and shows solutions from practice.<\/strong><\/p>\n<p>An efficient P2P process creates com\u00adpe\u00adti\u00adti\u00adve\u00adness and has a direct impact on a company\u2019s cash flow, earnings and repu\u00adta\u00adtion. At the same time, the pro\u00adces\u00adsing of incoming invoices in par\u00adti\u00adcular is often highly complex and involves many manual process steps. This creates dis\u00adad\u00advan\u00adtages such as a high sus\u00adcep\u00adti\u00adbi\u00adlity to errors, lack of trans\u00adpa\u00adrency, long pro\u00adces\u00adsing times with cor\u00adre\u00adspon\u00adding cash discount losses, signi\u00adfi\u00adcant process costs and ulti\u00adm\u00adately sub\u00adop\u00adtimal manage\u00adment of supplier rela\u00adti\u00adonships.<\/p>\n<p>Auto\u00adma\u00adtion with modern AI solutions offers signi\u00adfi\u00adcant potential for impro\u00adve\u00adment here: for example, thanks to arti\u00adfi\u00adcial intel\u00adli\u00adgence, the BASF Group reduced the pro\u00adces\u00adsing time of 3.5 million incoming invoices per year by 50 percent and was able to cut expenses by 40 FTEs. Modern cloud services make these solutions and per\u00adfor\u00admance gains easily and quickly available to medium-sized busi\u00adnesses as well. Dr. Rainer Czech, Head of Business Unit P2P at Insiders Tech\u00adno\u00adlo\u00adgies explains: <\/p>\n<blockquote>\n<p>\u201eAuto\u00adma\u00adting invoice pro\u00adces\u00adsing using AI offers signi\u00adfi\u00adcant potential for savings. Meanwhile, such solutions are not only uncom\u00adpli\u00adcated and quick to implement, but also affordable for all companies\u201c<\/p>\n<\/blockquote>\n<p>In this webinar series, we will present how the purchase-to-pay and order-to-cash process can be automated up to complete dark pro\u00adces\u00adsing with the help of AI-based data capture. The first webinar on <strong>April 26, 2022<\/strong>, will present how modern AI processes can extract all relevant invoice infor\u00adma\u00adtion regard\u00adless of layout and check invoices for content plau\u00adsi\u00adbi\u00adlity and formal cor\u00adrect\u00adness. Through an intel\u00adli\u00adgent three-way match of invoice, order and delivery, a fully automated approval for correct invoices can be performed. <\/p>\n<p>The other webinars will focus, for example, on the incre\u00adasing occur\u00adrence of e\u2011invoices in X\u2011invoice or ZUGFeRD format and their uniform pro\u00adces\u00adsing. In addition, AI-based invoice pro\u00adces\u00adsing will be discussed as a fully inte\u00adgrated process in SAP \u2013 from invoice receipt and approval to touchless pro\u00adces\u00adsing \u2013 as well as the simple use of cloud services for invoice reading.<\/p>\n<p>In our webinars, we use live pre\u00adsen\u00adta\u00adtions and concrete practical examples to show you which services are possible out-of-the-box with our smart INVOICE solution without long imple\u00admen\u00adta\u00adtion or training times. In addition, you can clarify your indi\u00advi\u00addual questions in a direct exchange with our experts. <\/p>\n<p>View all topics and dates at a glance now and register for free!<\/p>\n<p>[\/et_pb_text][et_pb_button button_url=\u201c@ET-DC@eyJkeW5hbWljIjp0cnVlLCJjb250ZW50IjoicG9zdF9saW5rX3VybF9wYWdlIiwic2V0dGluZ3MiOnsicG9zdF9pZCI6IjEyODMyIn19@\u201c button_text=\u201eview the webinars\u201c _builder_version=\u201e4.10.6\u201c _dynamic_attributes=\u201ebutton_url\u201c _module_preset=\u201edefault\u201c custom_button=\u201eon\u201c button_font=\u201c|700|||||||\u201c global_colors_info=\u201c{}\u201c][\/et_pb_button][et_pb_divider color=\u201e#f2f2f2\u201c _builder_version=\u201e3.10.2\u201c global_colors_info=\u201c{}\u201c][\/et_pb_divider][\/et_pb_column][\/et_pb_row][\/et_pb_section]<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Arti\u00adfi\u00adcial intel\u00adli\u00adgence allows largely automatic pro\u00adces\u00adsing of invoices. This reduces effort and runtimes. Our current webinar series presents modern AI approa\u00adches in purchase-to-pay (P2P) and order-to-cash (O2C) and shows solutions from practice. An efficient P2P process creates com\u00adpe\u00adti\u00adti\u00adve\u00adness and has a direct impact on a company\u2019s cash flow, earnings and repu\u00adta\u00adtion. At the same time, [\u2026]<\/p>\n","protected":false},"author":20,"featured_media":12747,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_et_pb_use_builder":"on","_et_pb_old_content":"","_et_gb_content_width":"","wp_typography_post_enhancements_disabled":false,"_mbp_gutenberg_autopost":false,"footnotes":""},"categories":[1,2,109],"tags":[],"class_list":["post-12990","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-allgemein","category-blog-en","category-featured"],"acf":[],"_links":{"self":[{"href":"https:\/\/insiders.next-kmu.de\/en\/wp-json\/wp\/v2\/posts\/12990","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/insiders.next-kmu.de\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/insiders.next-kmu.de\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/insiders.next-kmu.de\/en\/wp-json\/wp\/v2\/users\/20"}],"replies":[{"embeddable":true,"href":"https:\/\/insiders.next-kmu.de\/en\/wp-json\/wp\/v2\/comments?post=12990"}],"version-history":[{"count":0,"href":"https:\/\/insiders.next-kmu.de\/en\/wp-json\/wp\/v2\/posts\/12990\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/insiders.next-kmu.de\/en\/wp-json\/wp\/v2\/media\/12747"}],"wp:attachment":[{"href":"https:\/\/insiders.next-kmu.de\/en\/wp-json\/wp\/v2\/media?parent=12990"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/insiders.next-kmu.de\/en\/wp-json\/wp\/v2\/categories?post=12990"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/insiders.next-kmu.de\/en\/wp-json\/wp\/v2\/tags?post=12990"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}