Bridging fragmented AP processes with agentic AI
30% of organizations plan to adopt AI for AP within the next 12 months
Traditionally fragmented accounts payable and accounts receivable processes can be streamlined with agentic AI. Business-to-business (B2B) payments transactions totaled about $35.8 trillion in 2024, according to a Federal Reserve Bank payments report released Feb. 3. However, B2B money movement is not standardized, causing friction, Aharon Levine, vice president of payments strategy at accounts payable and receivable platform Melio, told FinAi News. Manual processes continue to slow down accounts payable transformation, according to the Institute of Financial […]
