Where to leverage artificial intelligence AI-assisted applications can greatly drive financial back-office automation by streamlining processes, reducing manual effort, and increasing accuracy. Here are a few AI-powered applications that can be utilized in financial back-office automation: It’s important to note that while AI-assisted applications can automate several aspects of financial back-office operations, human oversight and […]
AI can be an enabling technology and need not be an “all or nothing” proposition. Using elements of AI to augment and strengthen embedded technology solutions can provide significant short-term benefit
Artificial Intelligence (AI) plays a crucial role in data capture and OCR (Optical Character Recognition) applications, revolutionizing the way we process and extract information from various sources. For accounts payable (AP) departments and other financial back-office areas, AI assisted data capture can provide tremendous efficiencies and increased accuracy.
What are the factors to consider in an AP automation solution? When selecting an AP (Accounts Payable) Automation solution, there are several factors to consider. Of course your specific company and industry requirements will play a role, but in general here are some key things to look for: Beyond the technology it is important that […]
question is that ICG is a different kind of solution provider because we focus first on the business issues that need to be addressed and then configuring a solution from the technology based tools that we have developed. One size does not fit all.
October 27, 2022
It’s not just about OCR Document and data capture has long been one of the most discussed and researched technologies in the financial back-office and accounts payable worlds. In fact, the need to automate the digitization of documents, and the capturing of data from those documents, was the driver of the development of both OCR […]
As we head closer to 2022 the new year promises a time of continued challenges and lots of opportunity. With the emergence and wider adoption of new information management technologies like Blockchain, Robotic Process Automation, Big Data or IOT, companies have more options for managing actionable data than ever before. While these technologies may not […]
December 13, 2021
Today as cloud based applications are becoming more ubiquitous, AP automation, including many of the sophisticated technologies that were out of reach in the past, has become more affordable and available to many more companies.
The COVID19 pandemic has brought about many changes in our daily lives, some of these changes will be temporary and will fade as the pandemic fades. But other aspects of our daily lives, and in particular our professional lives, will be changed for the long term. Nowhere will that be felt by more people than […]
While very few of us will miss 2020 and are happy with the arrival of 2021, certainly many challenges remain before us. At ICG we are optimistic about the weeks and months ahead and with the proper planning and preparation opportunity abounds. We see three major themes emerging for 2021 and beyond for financial back-office […]
January 12, 2021