Auditoria, the artificial intelligence (AI) automation firm, recently announced new capabilities to allow the financial back-office task’s productivity to be enhanced. There are three new features — Intelligent Vendor Management, Intelligent Collections, and Intelligent Planning — which are often intended to remove time-wasting steps that create friction, to improve cash flow for corporate finance teams.
Intelligent Collections provide real-time visibility with predictive tools to display accounts receivable departments, to identify the accounts that have delayed payments or delinquent. The application will help to prioritize over what work is done, with automatic logging of communication and a built-in tonality depending on the type of client.
Intelligent Vendor Management allows accounts payable and procurement teams to automate repetitive vendor tasks to collect evidentiary insights in procure-to-pay processes.
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