How to Leverage AI, Machine Learning and RPA in Finance – featuring Forrester

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Presented by

Dr. Bernhard Schaffrik, Principal Analyst at Forrester & Magnus Bergfors, Global Business Director at Basware

About this talk

Enterprises see the need to digitize and automate repetitive processes in more and more contexts for increased efficiency – particularly in the finance and procurement function, where a lot of transactional data is being processed. AI, Machine Learning (ML) and Robotic Process Automation (RPA) have been the technologies most hyped and partially embraced - by both individual enterprises and software solution providers. It´s time to take a step back and evaluate how mature the application of these technologies is today, in which scenarios they prove to be beneficial, while shining a light on the limitations and pitfalls to avoid. This will help guide your decision-making when planning your continued automation journey. You will learn: - A few years into the hype: Where do RPA, ML and AI stand today? - Application areas in P2P (purchase-to-pay) & the Finance department today: Proven use cases - Automation challenges: Limitations of RPA, ML and AI and the pitfalls you need to avoid - Best practice examples: Recommendations for increasing automation and the importance of clean data

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Basware is the only procure-to-pay and e-invoicing solution provider that empowers businesses with 100% spend visibility through 100% supplier connectivity and 100% data capture. Our cloud-based technology enables organizations to fully manage their spend, mitigate financial risk and reduce the cost of operations via automation. With the world’s largest open business network and an open technology ecosystem, we are uniquely positioned to deliver the solution required for Visible Commerce, which provides customers with complete transparency into all the flows of money, goods, and services around the world. A global company, Basware has offices in 14 countries and is traded on the Helsinki exchange (BAS1V: HE). https://www.basware.com/en-en/home/