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Introduction to Autonomous AP
LAUNCH
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Learning Objectives
By the end of this course you should be able to:
Define autonomous AP and its benefits
Define Multi-line PO matching
Explain key features of AppZen inbox
Identify Non-PO-backed invoices
Describe process of Accurate invoice data capture
Recognize how AppZen validate VAT data
Scenario
Do you struggle with managing invoices and payments in your accounts payable department?
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Scenario
Do you waste time and money on manual data entry, error correction, policy compliance, and duplicate detection?
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Scenario
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Do you wish you had a smarter, faster, and easier way to process invoices from inbox to 'OK to pay'?
Scenario
Do you struggle with managing invoices and payments in your accounts payable department?
Do you waste time and money on manual data entry, error correction, policy compliance, and duplicate detection?
Do you wish you had a smarter, faster, and easier way to process invoices from inbox to 'OK to pay'?
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Introduction to Autonomous AP
AppZen's Autonomous AP is the first and only AI-first invoice processing solution that streamlines invoice processing with AI-powered automation
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Features of Autonomous AP
AppZen’s Autonomous AP comes with following features:
Autonomous AP
AppZen Inbox
3X your AP team’s productivity with the power of AI
Accurate invoice data capture Improve AP processing efficiency up to 80% with autonomous invoice processing
Multi-line PO matching
Match complex invoices and PO lines without rules, with 100% confidence
Non-PO-backed invoices
Let AI assign your GL codes and allocations accurately
VAT and taxes
Ensure global VAT and tax compliance made easy
AppZen Inbox
Organizes your AP email inbox
Processes supplier invoices
Responds to supplier inquiries and questions
Select the first circle to learn more
Note to the reviewer:
In this eLearning course we will only cover introduction of the each feature of the Autonomous AP.�It will take a lot of time in explaining each and every step of the individual feature.
Please Validate.
AppZen Inbox
Organizes your AP email inbox
Processes supplier invoices
Responds to supplier inquiries and questions
Click on each circle to learn more
AppZen Inbox
Organizes your AP email inbox
Processes supplier invoices
Responds to supplier inquiries and questions
Select the second circle to learn more
AppZen Inbox
Organizes your AP email inbox
Processes supplier invoices
Responds to supplier inquiries and questions
Click on each circle to learn more
AppZen Inbox
Organizes your AP email inbox
Processes supplier invoices
Responds to supplier inquiries and questions
Select the third circle to learn more
AppZen Inbox
Organizes your AP email inbox
Processes supplier invoices
Responds to supplier inquiries and questions
Click on each circle to learn more
AppZen AI researches the information requested, such as invoice status, payment updates and composes a response that includes all relevant data, ready for your AP staff to review and send.
AppZen Inbox
Organizes your AP email inbox
Processes supplier invoices
Responds to supplier inquiries and questions
Select the third circle to learn more
Test Your Knowledge!
How does AppZen Inbox use AI to handle email attachments?
Select the correct answer and click Submit
SUBMIT
Accurate invoice data capture
Note to the reviewer:
Content for this point is already covered in Assignment 1
Invoices
Computer vision
Semantic understanding
Automation
Human control
Accurate invoice data capture
Computer vision
Extract and understand the information from invoices e.g. features, logos, numbers, text and improve with every invoice.
Accurate invoice data capture
Semantic understanding
Used to make sense of the invoice, and apply the right taxonomies:
Accurate invoice data capture
Automation and workflow
AI first automation platform to customize workflow, policies, and integrations to meet varied customer needs
Accurate invoice data capture
Human control
Workbench designed for AP staff to review invoices where the AI is not 100% confident.
Test Your Knowledge!
What are some of the benefits of using Appzen AP for invoice processing?
Select the correct answer and click Submit
SUBMIT
Multi-line PO matching
AppZen AI reads and understands the content and context of invoices and POs to guarantee 100% accurate matching
When a PO is out of funds, Autonomous AP confirms matching line items and flags the appropriate buyer
Non-PO-backed invoices
AppZen AI automatically assign the GL codes and allocations for the invoice, based on your business rules and preferences.
Entities
Business units
Cost canters
Account codes
Allocations
VAT and taxes
Autonomous AP will automatically validate the invoice for VAT and tax compliance, based on the country-specific rules and regulations.
VAT and taxes
AppZen’s AI carefully reads and understands invoice documents as well or better than an AP professional
Extract
VAT codes, rates, and tax registration numbers found in invoices without templates
Predict
Accurate VAT tax code, accounting, and PO information
Enter
Invoice data into your ERP or P2P system for processing
templates
Improve
Speed and accuracy of VAT and tax processes with AI that continuously learns
Summary
Solution for invoice processing, from inbox to 'OK to pay’
AI-powered technology that is fast, accurate, compliant, and smart
Save time, money, hassle, and gives you more control and visibility
Thank you!
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