Accelerating Procurement, Invoicing and Compliance Processes

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Presented by

Automation Advisors from Grant Thornton, Catalytic and Ephesoft

About this talk

Despite the availability of technology and the proven benefits of digital transformation for Procurement and Accounts Payable (AP), many organizations have not centralized, automated or modernized their entire procure-to-pay process. And, while Gartner reports that some buyers are embracing a cloud-first strategy for their accounting practices, many companies are stuck with antiquated, on-premises technology. Building a strategy and execution for procure-to-pay is critical to keep up with industry titans who are using this technology as a tool to lower costs, access suppliers and capitalize on payment discounts. In fact, Gartner forecasts the market of investing in procure-to-pay solutions to grow to $5 billion by 2023 with a 5-year compound annual growth rate of about 10%. Join our moderator, Brandyn Campbell, Ephesoft’s Director of Business Development and special guest panelists from Grant Thornton LLP and Catalytic as they discuss process automation and transformation to explore organizational best practices and a machine learning-powered solution for revolutionizing the Procurement and AP departments. In this webinar, you will: -Learn how digital transformation in AP and Procurement departments can turn an understaffed, overworked department into a profit center -Get SME tips and tricks for organizations in all stages of their AP automation journey -Explore how machine learning technology can positively impact the P2P process for organizations of all sizes -Watch a live demonstration segment of innovative intelligent invoice processing

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Welcome to our channel! Ephesoft’s Intelligent Document Processing (IDP) platform and data enrichment solutions automate document-centric processes to maximize operational efficiency and human productivity for enterprises and the public sector. Using AI, patented machine learning and proprietary classification models, Ephesoft’s customizable and scalable platform turns any document type into structured, actionable data to accelerate business processes and data-driven decisions. The platform’s APIs and iPaaS connectors allow for fast integrations into other business systems for seamless end-to-end automation. Working with a vast partner ecosystem, Ephesoft has been deployed in the cloud and on-premises to customers around the globe saving costs, improving data accuracy and fueling their digital transformation journey towards hyperautomation. Ephesoft is headquartered in Irvine, Calif., with regional offices throughout the US, EMEA and Asia Pacific. For more information, visit ephesoft.com.