Unilever and Nestlé Put AI to Work Between Orders and Payments
By PYMNTS
AI summary of the source article
Artificial intelligence agents are processing purchase orders and collections work in B2B transactions. Research conducted with JPMorgan reveals surveyed firms automate an average of 73% of accounts receivable processes, up from 55% the previous year.
Key facts
- AI agents are handling purchase orders and collections work between B2B sales and payments.
- Surveyed companies automate an average of 73% of accounts receivable processes, up from 55% in the previous year.
Source excerpt · PYMNTS
Artificial intelligence agents are processing purchase orders and preparing collections work as businesses automate more of the steps between a B2B sale and payment. PYMNTS Intelligence research with JPMorgan finds surveyed companies automate an average 73% of accounts receivable processes, compared with 55% in the previous year’s survey. Recent deployments extend into work that requires […] The p…