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Exploring various types of payment terms & optimizing them with AI
Find out interesting insights with Shaun Walker, Sox compliance manager, Norfolk Southern Moderated by Srishti, Digital Transformation Consultant at Hyperbots Don’t want to watch a video? Read the interview transcript below. Srishti: Hello, everyone! My name is Srishti Rashvier, and I’m a digital transformation consultant at Hyperbots today. I’m delighted to have Shaun Walker as…
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Computation of cash saved with early payment discounts
Find out interesting insights with Shaun Walker, Sox compliance manager, Norfolk Southern Moderated by Srishti, Digital Transformation Consultant at Hyperbots Don’t want to watch a video? Read the interview transcript below. Srishti: Hello, everyone! My name is Srishti Rajveer, and I’m a digital transformation consultant here at Hyperbots. Today, I’m super delighted to have Shaun…
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Deciding the timing of vendor payments: a strategic approach
Managing vendor payments is a critical task for any company. With numerous invoices to process and a variety of payment terms to consider, businesses must make decisions carefully to maintain healthy cash flows and foster strong vendor relationships. This blog outlines the strategic consideration of early payment discounts and late payment charges and introduces a…
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Building a business case for AI-driven AP automation
In today’s rapidly evolving business landscape, efficiency and cost optimization are not just goals but necessities. AI-driven Accounts Payable (AP) automation stands out as a transformative solution, driving significant improvements in financial operations, but how do you build a compelling business case for AI-driven automation? Let’s dive into the data and insights that underscore its…