Accounts Payable is no longer just about invoices and due dates—it's becoming a strategic lever for business growth. Thanks to AI, companies can now predict cash flow, optimize supplier payments, reduce fraud, and unlock savings through dynamic discounting. In this episode, we explore how AI-driven automation is transforming payables management, boosting efficiency, improving supplier relationships, and driving smarter financial decisions.Whether you're a CFO, treasurer, or finance professional, this is your insider’s guide to leveraging AI for a future-ready payables strategy.Glossary of AI Models & Techniques Used in Payables OptimizationMachine Learning (ML): AI that improves decision-making in payables automation by identifying patterns in financial transactions.Natural Language Processing (NLP): AI used for invoice scanning and data extraction, eliminating manual entry errors.Reinforcement Learning (RL): AI that optimizes payment scheduling by dynamically adjusting supplier payments based on real-time cash flow.Neural Networks (NN): A deep learning model capable of identifying complex patterns in financial data for fraud detection and predictive analytics.Decision Trees: A supervised learning algorithm used for classifying invoices, prioritizing payments, and predicting supplier risk.Random Forests: An advanced form of decision trees, improving accuracy in detecting fraudulent payables transactions and predicting supplier creditworthiness.Gradient Boosting Machines (GBM): Used for automated credit scoring, helping companies evaluate the risk of delaying payments.Generative Adversarial Networks (GANs): Used for detecting fake invoices and fraudulent transactions in AP systems.Graph Neural Networks (GNNs): Applied in supply chain finance to analyze relationships between suppliers, predicting risks and optimizing working capital strategies.Bayesian Networks: AI models that predict cash flow volatility and help CFOs make data-driven payables decisions.Main SourcesMcKinsey AI & Finance Report (2023)Deloitte AI in Treasury Management (2024)Goldman Sachs Working Capital Research (2024)J.P. Morgan AI Payables Optimization Study (2024)BNP Paribas AI in Treasury Operations (2023)Alibaba AI-Payables in Supply Chain Finance (2023)HSBC AI Risk & Fraud Analysis (2023)IBM NLP Invoice Processing Report (2024)further read : https://doi.org/10.30574/wjarr.2024.23.1.2141An AI generated Podcast based on open source information selected and reviewed by a Gen X brain.David Perron is a seasoned finance executive with over two decades of expertise in Trade Finance, Working Capital Management, and Corporate Banking. Recognized for his strategic vision, leadership acumen, and deep understanding of complex financial structures, he has successfully led high-profile teams across major global financial institutions such as JPMorgan, Barclays, and HSBC. His expertise spans structured trade finance, supply chain finance, receivable finance and inventory finance.In addition to his extensive professional experience, David is currently pursuing an Executive Master in Artificial Intelligence for Innovative Managers at the Institut Mines-Télécom Business School (a leading institution comparable to MIT Sloan). This advanced degree reflects his commitment to integrating AI into financial solutions, particularly in trade finance and working capital optimization.David is a strong advocate for fintech innovation, compliance, and efficiency in the financial services sector. His career is marked by significant achievements, including structuring multi-billion-dollar portfolios, enhancing revenue streams, and exploring AI-driven trade finance solutions. He is also an accomplished public speaker.
Podcast Episode Title: "AI and the Future of Banking Jobs: Automation, Workforce Aging, and HR Challenges"
Episode Overview:
Artificial Intelligence is transforming the financial industry. Banks are integrating AI into trade finance, compliance, risk management, and working capital optimization. But what does this mean for the workforce? Will AI create new opportunities or replace traditional roles?
Key Takeaways:
Up to 25% of banking jobs could be automated by 2027 (McKinsey, 2023).
85% of banks are investing in AI for process automation (Deloitte, 2023).
70% of trade finance operations could be digitized with AI (World Trade Organization, 2023).
AI reduces fraud risks by 50% and speeds up decision-making in credit and compliance (PwC, 2023).
Listen to the podcast for more
Who’s at Risk?
Who’s Benefiting?
Regional Breakdown
Future of AI and Banking Jobs
How Should Banks Adapt?
Main Sources:
McKinsey AI & Banking Report 2023
World Trade Organization Trade Finance Report
PwC AI in Finance Study
Deloitte Banking Automation Report
BIS
The Economist
An AI generated Podcast based on open source information selected and reviewed by a Gen X brain.
David Perron is a seasoned finance executive with over two decades of expertise in Trade Finance, Working Capital Management, and Corporate Banking. Recognized for his strategic vision, leadership acumen, and deep understanding of complex financial structures, he has successfully led high-profile teams across major global financial institutions such as JPMorgan, Barclays, and HSBC. His expertise spans structured trade finance, supply chain finance, receivable finance and inventory finance.
In addition to his extensive professional experience, David is currently pursuing an Executive Master in Artificial Intelligence for Innovative Managers at the Institut Mines-Télécom Business School (a leading institution comparable to MIT Sloan). This advanced degree reflects his commitment to integrating AI into financial solutions, particularly in trade finance and working capital optimization.
David is a strong advocate for fintech innovation, compliance, and efficiency in the financial services sector. His career is marked by significant achievements, including structuring multi-billion-dollar portfolios, enhancing revenue streams, and exploring AI-driven trade finance solutions. He is also an accomplished public speaker.
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Artificial Intelligence (AI) is revolutionizing international trade finance. It automates and optimizes letters of credit, reducing errors and accelerating payments. AI enhances fraud detection and regulatory compliance through machine learning and blockchain. Predictive risk analysis improves credit assessment and adjusts financing conditions. While the adoption of electronic letters of credit and electronic bills of lading is increasing, challenges remain regarding interoperability and legal recognition.
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You need buzzwords on artificial intelligence applications for trade finance and working capital - this 20-minute podcast will entertain you during your next commute.
Level 1: cocktail talks and unexpected meetings.
An AI generated Podcast based on a Gen X brain.
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#ArtificialIntelligence #AIinFinance #MachineLearning #DigitalTransformation
#FintechInnovation #Blockchain
#BusinessGrowth #BusinessStrategy #Leadership #Entrepreneurship #BusinessSuccess
#SupplyChainFinance #WorkingCapitalOptimization #InvoiceFinancing #ReceivablesFinance #LiquidityManagement
#Podcast #FinancePodcast #FintechPodcast #AIinBusiness #PodcastGrowth
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