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Accounts payable stories

AI in accounts payable: A threat to jobs or a catalyst for value?
Digital Transformation

AI in accounts payable: A threat to jobs or a catalyst for value?

AI will strip out manual work in accounts payable, but finance leaders must decide whether to cut headcount or turn the function to oversight.

By Farooq Shaikh • 5 min read • 2 days ago
OpenAI and PwC build finance AI agents for CFO teams
Data Analytics

OpenAI and PwC build finance AI agents for CFO teams

The move could cut repetitive work in finance teams while giving Chief Financial Officers tighter control over AI spending and risk.

By Mark Tarre • 3 min read • Last week
Codat launches advisory intelligence platform for banks
Data Analytics

Codat launches advisory intelligence platform for banks

Banks are under pressure to turn scattered customer data into actionable advice as BMO adopts Codat’s new platform for client conversations.

By Karen Joy Bacudo • 4 min read • Last week
apexanalytix launches Qubiton for AI-powered supplier checks
Data Protection

apexanalytix launches Qubiton for AI-powered supplier checks

Businesses can now run supplier, tax and sanctions checks through AI tools, as apexanalytix opens access to more than 280 million records.

By Sofiah Nichole Salivio • 4 min read • Last week
Sage Intacct builds explainable AI into accounting
Fintech

Sage Intacct builds explainable AI into accounting

Accountants facing staff shortages may gain faster workflows, as Sage Intacct’s new agent exposes its calculations, sources and audit trail.

By Jake MacAndrew • 4 min read • Last month
Sage deepens AWS ties to push AI for smaller firms
Digital Transformation

Sage deepens AWS ties to push AI for smaller firms

Smaller businesses could get finance AI tools faster as Sage expands its AWS partnership and shifts more customers to cloud systems.

By Sofiah Nichole Salivio • 4 min read • Last month
Hyland launches AI tools for finance, SAP & education
EduTech

Hyland launches AI tools for finance, SAP & education

The new releases aim to cut manual coding, tighten SAP integration and simplify student records as businesses seek embedded AI.

By Sofiah Nichole Salivio • 3 min read • Last month
Accounting software faces AI rivals in bookkeeping shift
Data Analytics

Accounting software faces AI rivals in bookkeeping shift

Small businesses could see faster reporting and less manual admin as AI-driven rivals automate bookkeeping and pressure QuickBooks to adapt.

By Karen Joy Bacudo • 4 min read • Last month
Xero launches AI-native operating system for small firms
Digital Transformation

Xero launches AI-native operating system for small firms

The new platform aims to cut routine bookkeeping for small firms by automating payments, reconciliation and tax prep while keeping users in control.

By Karen Joy Bacudo • 3 min read • Last month
Molex lifts purchase order confirmations to 90% with Celonis
Manufacturing

Molex lifts purchase order confirmations to 90% with Celonis

Better visibility across procurement and logistics has helped the electronics maker cut delays and lift touchless invoices to 87%.

By Sofiah Nichole Salivio • 4 min read • Last month
Amex GBT adds AI to Egencia & links Concur Expense
Unified Communications

Amex GBT adds AI to Egencia & links Concur Expense

Travellers and finance teams can now move receipts and booking data into expense reports almost instantly, cutting manual reconciliation.

By Catherine Knowles • 4 min read • Last month

Stories from Other Regions

Accounts payable stories

Premier Construction Software adds early payment tool
Software-as-a-Service

Premier Construction Software adds early payment tool

Construction suppliers could be paid sooner on approved invoices as Premier folds Quickly's early payment option into its cloud ERP at no upfront cost.

By Karen Joy Bacudo • 3 min read • Last week
Indian CFOs plan bigger AI spend on finance & procurement
Data Analytics

Indian CFOs plan bigger AI spend on finance & procurement

Most Indian finance chiefs now expect AI to speed up payments, tighten compliance and cut procurement costs, a new report says.

By Shannon Williams • 4 min read • Last month
UK firms rethink AI use to cut wasted work and boost output
Manufacturing

UK firms rethink AI use to cut wasted work and boost output

Companies are finding that AI boosts performance only when it removes repetitive work, with human judgement still needed to prevent errors and burnout.

By Kaleah Salmon • 4 min read • Last month
Monk raises USD $25 million to tackle invoice delays
Customer Relationship Management

Monk raises USD $25 million to tackle invoice delays

The funding will help Monk target a USD $3 trillion US receivables market where many overdue bills stall over portal errors and missing details.

By Karen Joy Bacudo • 4 min read • Last month
Float launches AI tool to automate Canadian tax coding
Hyperscale

Float launches AI tool to automate Canadian tax coding

Canadian finance teams could save hours of month-end admin as Float’s new AI tool auto-codes card transactions with 90% precision.

By Karen Joy Bacudo • 4 min read • Last month
Dext adds payroll to UK payments product for Xero users
Software-as-a-Service

Dext adds payroll to UK payments product for Xero users

UK Xero users can now manage supplier, expense and employee payments in one place as Dext expands its payments tool with payroll.

By Karen Joy Bacudo • 3 min read • Last month
UK CFOs say manual spend management lags modernisation
Digital Transformation

UK CFOs say manual spend management lags modernisation

Most UK finance chiefs say manual processes are wasting staff time and leaving their firms behind on payment automation.

By Karen Joy Bacudo • 3 min read • Last month