The Yooz segment focuses on transforming accounts payable from a slow, manual cost centre into a highly automated, data‑rich function. Céline Duplessis, Product Evangelist at Yooz, introduces a cloud‑based AP automation platform serving over 7,000 clients in 50 countries and processing more than 200 million documents. She highlights how Yooz combines deep AI and machine learning investment—over 100 scientific papers—with broad ERP connectivity to deliver scalable, flexible automation for organisations of all sizes.
The session quantifies the pain of manual AP—22–35 days cycle times, £9–£20 per invoice, high late‑payment rates and significant exposure to fraud—and then demonstrates how Yooz addresses these issues end‑to‑end. With modular workflows, multi‑channel invoice capture, AI‑driven recognition and fraud detection, and seamless export to ERP and banking systems, Yooz helps finance teams cut processing costs, improve compliance and gain real‑time visibility over liabilities. The live demo reinforces the platform’s usability and the central role of AI in both efficiency and risk reduction.
Highlights:
- Global, AI‑driven AP platform with 7,000+ clients, 200m+ documents processed and integrations to 250+ ERP systems.
- Clear business case for automation, replacing 22–35 day manual cycles and £9–£20 per invoice costs with streamlined digital workflows.
- Configurable modules and workflows, covering invoice capture, GL coding, PO matching, vendor statement reconciliation and supplier portals.
- Advanced AI invoice recognition and fraud detection, including duplicate detection and tampering checks, to mitigate the 70% fraud attempt rate reported by companies.
- No‑touch processing vision, where AI handles the majority of routine invoices and exports to ERP/bank, freeing staff for exception handling and analysis.
- Strong security and compliance posture, with audit trails, budget tracking and multi‑country regulatory support built into the platform.
