How does machine learning look from the end user perspective?

Imagine a situation where you receive an invoice from a new supplier. It cannot be automatically posted by the existing rules, so your accounts payable team will have to find out the right cost center, the right VAT code, and other necessary accounting dimensions to handle the invoice. An intelligent invoice posting solution powered by Machine Learning algorithm would provide your AP team with a best possible guess for posting the invoice – and hit it right 95% of the time.

In the video, our expert explains the process in more detail, and also ponders what it takes for the end users in the finance and accounting departments to start trusting Machine Learning.

Watch more insights from the Machine Learning discussion with our experts:

What is Machine Learning?

Machine Learning and Artificial Intelligence in finance in a broad perspective

How to apply Machine Learning and Artificial Intelligence to extended Purchase-to-Pay?

What does Machine Learning look like?

Where are we in machine learning and artificial intelligence? Advice for financial people