As tariff chaos continues to drive up operational costs, distributors are searching for innovative ways to boost financial operations, with many prioritising the integration of AI and dynamic discounting
AI algorithms can scan and validate invoice data instantly, spotting discrepancies that humans often miss. This minimizes the risks of disputes and fresh air invoicing, while accelerating the approvals process.
Innovative deployments of AI can be used to rapidly sift through vast datasets, while sophisticated algorithms can deliver a more comprehensive and nuanced view of a company’s financial health. This is great news for SMEs, who can use this to provide a more accurate risk profile to prospective lenders.
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