{"id":46122,"date":"2021-07-06T03:01:00","date_gmt":"2021-07-06T07:01:00","guid":{"rendered":"http:\/\/blog.cybercon1.com\/?p=46122"},"modified":"2021-07-06T03:01:00","modified_gmt":"2021-07-06T07:01:00","slug":"accounts-payable-how-to-show-artificial-intelligence-whos-boss","status":"publish","type":"post","link":"https:\/\/www.cyberconservices.com\/index.php\/2021\/07\/06\/accounts-payable-how-to-show-artificial-intelligence-whos-boss\/","title":{"rendered":"Accounts Payable \u2014 How to show artificial intelligence who’s boss"},"content":{"rendered":"\n

An interesting article that says the right things for the most part. In the section about allowing AI<\/strong> more latitude than a straight “Zero-tolerance for errors”. While this is an interesting concept, in practice many accounting systems require either a perfect match, line by line or an adjustment must be made to create the match. Supporting the reluctance to “hand over the keys” completely. <\/p>\n\n\n\n

By GUEST CONTRIBUTOR<\/a> – From the fiction of \u2018WOPR\u2019 in the 1980s film “War Games” to the terrifyingly real almost-apocalypse of 1983\u2019s Soviet nuclear false alarm incident<\/a><\/strong>, humanity has plenty of reasons to be fearful of the consequences of putting computers in charge. Perhaps that explains our wariness of ceding control to artificial intelligence<\/strong> (AI<\/strong>) in a host of much more run-of-the-mill processes.<\/p>\n\n\n\n

But this reluctance to hand over the keys \u2014 of a self-driving car, a business or even missile silo \u2014 betrays a fundamental misunderstanding of how AI<\/strong> is designed to work. Too often AI <\/strong>is presented as it is in dystopian fiction, as an overlord, when it\u2019s actually more like a workhorse, <\/em>and a highly effective one.<\/p>\n\n\n\n

Change your mindset, forget about relinquishing complete control, and you\u2019ll soon discover that AI<\/strong> can give you a competitive advantage in areas of your business you barely gave a moment\u2019s thought to before, like the sometimes unglamorous world of invoice processing.<\/p>\n\n\n\n

One might be forgiven for not getting overly excited about the intricacies of invoicing, but that\u2019s precisely the point. Processing invoices is a time-consuming and repetitive task. It\u2019s also notoriously prone to mistakes and human error that require manual review and reprocessing for reasons ranging from a mismatch between invoice and purchase order (PO), to errors with invoice coding. Accounts Payable (AP) teams currently spend around a quarter of their time chasing and correcting errors. Even the most dyed-in-the-wool data entry clerk will tell you there are more valuable things they could be doing with their time. Read On:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

An interesting article that says the right things for the most part. In the section about allowing AI more latitude than a straight “Zero-tolerance for errors”. While this is an interesting concept, in practice many accounting systems require either a perfect match, line by line or an adjustment must be made to create the match. […]<\/p>\n","protected":false},"author":1,"featured_media":46260,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[638,640],"tags":[639,641],"class_list":["post-46122","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ai","category-artificial-intelligence-ai","tag-ai","tag-artificial-intelligence-2"],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t