Category Archives: Accounts Payable

Accounts Payable Machine Learning Use Cases

accounts payables machine learning use cases

The machine learning for accounts payable market is expected to grow from $6.1 million in 2016 to $76.8 million by 2021, at a compound annual growth rate (CAGR) of 53 percent. The software industry is rapidly embracing machine learning for account payable. As account payable becomes more automated, it also becomes more data-driven. Machine learning is enabling account payables stakeholders to leverage powerful new capabilities in this arena. In this blog post, you will learn machine learning / deep learning / AI use cases for account payable. What is Accounts Payable? Account payable is a crucial part of the business process because it helps to ensure that businesses have the …

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