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How to Create Accounts Payable Benchmarks

When looking for areas of improvement for accounts payable department, it’s important to consider benchmarks comparing industry averages against world-class departments. 

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Machine Learning Expert Alex Fedkovits Joins SoftWorks AI

Imagine your classic space-shooter game, but in virtual reality. For Alex Fedkovits, creating an immersive version of Galaga is just one of the ways our new Senior Applied Machine Learning Engineer spends his time when he’s not developing our software.

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SoftWorks AI Releases Automated Income Analysis and Verification Module

Mortgage underwriting is a challenging and time-consuming task. Underwriters are responsible for approving or denying loan applications by carefully reviewing financial documents for completeness and accuracy. 

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The Evolution of RPA

Robotic process automation technology may seem new, but its origins go back to the early 90’s where businesses tried to integrate with older platforms and mainframes without robust APIs (application program interface). Prior to RPA, businesses built and implemented screen scraping, in addition to other workflow automation tools. RPA combines both concepts and significantly improves on each technology.

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Taking Advantage of Early Payment Discounts

Many wholesale distributors are leaving money on the table by not taking advantage of early payment discounts. Despite being concerned about their bottom-line, processing invoices is extremely time-consuming and error prone. 

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A Brief Overview on the History of Artificial Intelligence

Did you know that artificial intelligence has been around since World War II? Academics have long attempted to build machines that can process as well as a human. However, today’s AI is still relatively young.

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