3 Ways Artificial Intelligence Uniquely Empowers Accounts Payable Departments to Become a Profit Center

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APP2P17_Works_Application_Whitepaper_CoverBusinesses are rethinking their approach to accounts payable.  It is no longer enough for accounts payable to pay suppliers on-time.  Businesses now expect accounts payable to help drive profits.

But efforts to transform accounts payable from a back-office function – a cost center – and into a profit center are being undermined by manual and semi-automated accounts payable processes that:

  • Cost too much
  • Take too long
  • Provide inadequate visibility

Fortunately, an emerging technology called artificial intelligence (AI) – computers and software that do things normally done by humans, and do it better over time – uniquely address these obstacles.

IOFM’s latest white paper shows:

  • The benefits of transforming accounts payable into a profit center
  • Describes the three ways that manual and semi-automated accounts payable processes are preventing accounts payable from becoming a profit center
  • Defines AI technology
  • Details how AI eliminates the barriers to making accounts payable a profit center.

If transforming accounts payable into a profit center is among your priorities for 2018, download this white paper today!


Continuing Education Credits available:

AP CertificationPP-OC_seal_APP_outline.FNL
Receive 1 CEU toward renewing APM, APS, APPM or APPS certification from the Institute of Finance and Management! The Accounts Payable Certification and Procure-to-Pay Certification Programs are designed to establish standards for the profession and recognize Accounts Payable and Procure-to-Pay professionals who, by possessing related work experience and passing a comprehensive exam, have met stringent requirements for mastering the Accounts Payable and Procure-to-Pay bodies of knowledge


This white paper is provided free of charge and underwritten by a sponsor. Following your download, you may be contacted by the sponsor with information about their products and services.

Continuing Education Credits available:

Receive 1 CEU towards IOFM programs:

iofm-logo-small.png.small-400px-square.400x400.pngReceive 1 CEU towards maintaining any AP and P2P related program through IOFM! These programs are designed to establish standards for the profession and recognize accounts payable and procure-to-pay professionals who, by possessing related work experience and passing a comprehensive exam, have met stringent requirements for mastering the financial operations body of knowledge.

Continuing Education Credits available:

Receive 1 CEU towards IOFM programs:

AR-certFinal-AOCReceive 1 CEU towards maintaining any AR and O2C related program through IOFM! These programs are designed to establish standards for the profession and recognize accounts payable and procure-to-pay professionals who, by possessing related work experience and passing a comprehensive exam, have met stringent requirements for mastering the financial operations body of knowledge.