AI-Powered Collections: Introducing Agentic Procedures
Robotic process automation (RPA) is a type of automation that uses software “bots” to handle repetitive, rule-based financial procedures. Examples include data capture, invoice generation, and payment-to-invoice matching. RPA helps companies of all sizes reduce manual data entry, minimize errors, and free up the accounts receivable team for higher-value activities. While RPA is useful, leading finance teams are using more sophisticated automation technologies to accelerate their pace. For instance, Agentic AI can reason, adapt to changing buyer behaviors, and execute complex workflows autonomously.
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