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Digitizing your organization
can take a number of different paths.
I am Adam Rigby with Wells Fargo,
and today I have joining me
Michelle Austin from Smith Bagley, INC.
Michelle is going to talk to us a little bit
about what it’s been like
at her organization to digitize her business.
Michelle, as you’ve been evaluating
traditional processes vs digitization options.
What have you been weighing in
as the pros and cons for the alternatives?
Well, what I would like to see for our
organization is ultimately, we would have a
system for the accounts payable side
where we have our invoices come in electronically.
We have them processed and sent out
remotely to the approvers,
and then they come back into our AP system,
and that would all be done through AI.
On the receivables side, a similar process
where we can do reconciliations electronically
and then consolidation of our payment streams.
We receive a number of payments
from our customers through various forms
and so looking for a way to consolidate
all of that through AI on the backend as well,
that would be great.
Obviously, the technology has to be
balanced with the cost.
Thank you Michelle, I appreciate you joining us here.
Thank you very much, I appreciate you having me.
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