The Finofo blog

Unifying AP, AR, and Treasury creates a single source of truth eliminating data silos, enhancing visibility, and helping finance teams forecast and manage cash with confidence.

Anomaly detection tools applied to the accounts payable process help finance teams identify irregular invoice and payment patterns early, reducing fraud risk, preventing costly overpayments, and improving operational control.

AI is no longer a future promise for accounts payable (AP), it’s here. From template‑based OCR to deep‑learning models and natural‑language processing (NLP), finance teams can eliminate manual work, cut errors and shift AP from a cost centre to a value driver.

Non-PO invoices are hard to control and costly to process. AI can automate data entry, coding, approvals and mitigate fraud risk. Here's how.

Exception resolution is a bottleneck in AP workflows. We compare the manual drag versus automated exception‑handling, show the quantitative impact, and explain how finance teams can turn exceptions into strategic value.

In healthcare, pharma and financial services, accounts payable isn’t just a back-office task, it’s a control point. Missed invoices, manual approvals and spreadsheet errors don’t just cause inefficiencies. They expose you to compliance gaps, audit risks and delayed payments that hurt operations. Automation fixes that.

Selling any tech investment to senior finance leaders demands more than process talk. CFOs and board members care about costs, controls, and long-term value. To win buy-in, AP leaders must present automation not as a tool but as a financial strategy.

AP, Procurement, and Legal all touch the same spend but rarely speak the same language. Different tools, goals, and workflows create silos that slow everything down. Here’s how smarter collaboration turns those friction points into control and speed.

Most ERP systems weren’t built for Accounts Payable. They’re great at storing data, not streamlining workflows. When it comes to PO creation and invoice matching, even advanced ERPs hit hard limits. Let’s unpack where things break and what modern automation does better.

Five strategic trends are reshaping how AP and Treasury teams operate in 2026: real-time payments, AI forecasting, tighter integration, regulatory shifts, and risk control. CFOs must lead the convergence.

Everyone’s talking about touchless processing. But what does 80% straight-through actually mean in real life? It’s more than just OCR and workflows, it’s the point where invoices move from capture to payment without a single human click. Let’s break down what it takes to get there.

Automation is no longer just a cost-saver; it's a strategy enabler. But for CFOs and Controllers, the real question is: How do we measure success? In this post, we cover the essential metrics that prove AP and finance automation is working.

Invoice approval delays are more than an operational annoyance, they cost cash, create friction with vendors, and slow AP teams down. In this article, we explore what causes these delays and how finance teams can fix them using automation and workflow design.

Invoice capture is where automation starts. For most companies, digitizing this step means faster processing, fewer errors, and better working capital control. Here’s how to do it right - from central intake to exception handling.

Purchase orders are the contract between procurement and finance. But when they’re incomplete, missing approvals, vague line items, or no delivery address they create delays, disputes, and manual work. For finance leaders, this isn’t a documentation issue. It’s a control issue. Let’s break down what makes a PO truly complete and why it matters for modern AP operations.