Business Chief Europe Magazine August 2020 | Page 89

89 process automation is having a significant impact on invoice management . According to Manoj Shroff , MD , Finance and Accounting Business Process Lead at Accenture , using AI-powered predictive technology , finance departments are now able to know with almost 95 % accuracy when a particular invoice will get paid .
Automation in finance is gaining a good amount of traction in some of the more developed markets . In the US , for example , a report released in June by ISG found that around 83 % of enterprise finance functions have deployed RPA in some way , and around 95 % are experimenting with or have deployed machine learning
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