How can spend management be improved by artificial intelligence? - IntelligentHQ


Artificial intelligence is the next frontier in mankind's race to develop autonomous technologies. So far, there have been major breakthroughs in this particular field and most of them involve the use of deep learning algorithms that seek to build powerful systems for multiple purposes. In the specific case of financial technology, algorithms have the power to expedite multiple processes in areas such as lending, accounting, investing, and spend management. Mesh Payments is a developer of spend management software that is working hard to incorporate AI into its software-as-a-service (SaaS) solutions to keep helping businesses to better manage their finances. In this article, we explore how AI can enhance an organization's financial processes and what role spend management will play in achieving this particular goal. First, let's dig a bit deeper into the basics of artificial intelligence.

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