Transform Accounts Payable & Finance in 4 Steps

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Presented by

Vikram Chakrabarty

About this talk

Remote and distributed personnel is new normal for Accounts Payable (AP) teams. Learn how to combine technology, business processes, digital workflows and analytics to elevate AP with Aavenir. In this product demo session, we will be covering the four steps to transform your AP operations backed up with live AP use cases. Structure Step 1: Technology – How AP can leverage AI in touchless invoice data entry Step 2: Collaboration – How to minimize friction with digital workflows to improve inter-departmental collaboration Step 3: Analytics – Aligning AP teams with the right SLAs and KPIs Step 4: Strategy – Analyze spend patterns, safeguard against frauds and manage vendor relationships

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Aavenir’s next-gen Source-to-Pay suite revolutionizes age-old procurement processes by using the latest Machine Learning and Natural Language Processing technologies to reduce cycle time, yet offering insightful best practices suggestions based on historical data. For example, Aavenir’s Contractflow - Contract Lifecycle Management (CLM) product solves the hardest text analytics problems for risk and obligation management while Invoiceflow - Accounts Payable (AP) automation product solves multi-vendor invoice data extraction and processing problems by harnessing the power of AI & ML technologies. Aavenir SaaS-based source-to-pay solutions are powered by the most advanced cloud-based ServiceNow platform that is delivering unified digital workflows to create great experiences and unlock productivity for approximately 5,400 enterprise customers worldwide, including Fortune 500 companies. We deliver the future of work! We know that the future of work is changing and we want to be at the forefront of it. Founded in 2019 by experts having more than 25 years of experience in the S2P industry, Aavenir is a start-up that’s growing fast and headquartered in the USA with an office in India. For more information, please visit www.aavenir.com.