AI-enabled IT Vendor Invoice Processing Workflow on ServiceNow
Companies lose up to 5% of revenue or face critical IT issues due to delayed payments, duplicate invoices, frauds, and manual processes. Attend this webinar to learn how you can use AI to automate 90% of manual IT vendor invoice processes and manage approval workflows on Servicenow.
Why should you attend this webinar?
With disparate IT systems in place, it becomes difficult to manage thousands of invoices received from IT vendors - all having different formats, varied payment terms, different invoice approval workflow for each IT procurement category. IT teams often blame a complex series of slow and error-prone invoice data entry, PO validation, and approval processes for delayed, missed, or unintended payments.
As a ServiceNow user, learn how you can streamline IT invoice processing with Aavenir Invoiceflow on your own ServiceNow instance. The webinar will cover the following topics:
- 10 Common IT Vendor Invoice Management Challenges
- AI-enabled Automated Invoice Data Extraction
- Automated invoice validation with vendor master and purchase orders
- Setting up Invoice Approval Workflow on ServiceNow
- Monitoring Invoice Status and Accounts Payable KPIs
- Top 3 ROIs of IT vendor invoice processing automation
- Real-world Customer Success Story of Automated thousands of IT Vendor Invoice Processing on ServiceNow