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1、IBM Institute for Business Value|Benchmark InsightsModernize purchase-to-payBoost performance with automation,analytics,and AI2We help transform finance organizations from improving the efficiency of their finance processes to creating smart functions with intelligent workflowscapable of finding,con

2、necting,and analyzing data to uncover deep insights that can inform intelligent decisions.Our financial consultants partner with clients to advise and manage end-to-end processes.To learn more,please visit IBM can help1Organizations with optimized platforms that automate purchase-to-pay have 33%fewe

3、r erroneous payments.They also experience 19%lower total process cost to order material and services per purchase order than peers who have not implemented a platform solution.52%of top performers in purchase-to-pay cost metrics use advanced analytics and predictive algorithms.They apply these techn

4、ologies in procurement decision-making to connect data from suppliers and stakeholders,improving working capital and helping reduce costs and risks.Organizations that have optimized AI in purchase-to-pay detect 50%more fraudulent invoices.They also process 33%more accounts payable invoices and resol

5、ve an invoice error 20%faster than those that have not implemented AI,helping streamline processes and enhance decision-making.Organizations optimizing exponential technologies are gaining efficiencies and cost savings.Key takeaways2IntroductionPositioned at the intersection of business strategy and

6、 value,the finance function within organizations is poised to help leaders navigate the difficult current environment of a persistent pandemic,geopolitical conflict,sustainability demands,and high inflation.Finance can spearhead the discovery of insights that facilitate faster,better decision-making