Accounts Payable Resources | Xelix

Your Procure-to-Pay Guide to Generative AI: What, how and why now?

Written by Paul Roiter - Co-Founder and CEO | Aug 29, 2024 10:28:23 AM

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Your guide to all things Gen AI in P2P

Generative AI is popping up in every business sector and countless functions, but will it actually change the world? Closer to home, how can it transform your P2P operations?

This guide will give you the insight you need to make informed decisions about Gen AI and how it can support finance transformation.

Your takeaways 

This guide will help you understand how to implement Gen AI for your own P2P team with realistic, manageable applications such as vendor query management or contract compliance. 

You can evaluate whether it's best to build tools yourself or seek an outside provider, and we give you a few suggestions of where to start your software search. We also cover many of the common risks associated with Gen AI and how to protect your business from them. 

You'll walk away with concrete next steps for starting your Gen AI journey. 

In the guide 

  • Decoding AI – behind the buzzword
  • What’s Generative AI?
  • Five low risk, high value Gen AI use cases in Procure-to-Pay
  • The build versus buy debate 
  • Frequently Asked [Gen AI] Questions 
  • 5 stand-out Gen AI providers in the Procure-to-Pay space
  • Gen AI risks and remedies
  • The future of Gen AI in Procure-to-Pay
  • Your key takeaways and next steps
  • The AI index

Speak to a member of our team

If you’d like to learn more about supercharging your P2P processes harnessing the power of Gen AI, get in touch with Xelix today.