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Accounts Payable and AI: Separating Fact from Fiction

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Thursday | May 16th | 12 PM CT
Presenter: Mary Schaeffer, AP Now Founder and Publisher

Everywhere you look, there are stories about AI and how it will impact our lives and the business world. Many of these stories are filled with gloom and doom. Tyler Perry canceling an $800 million studio expansion, deepfakes of the worst kind of Taylor Swift, and ethical concerns over the use of AI in all sorts of applications. Is it really the end of the world as we know it today? And more importantly, is this the end of the accounts payable, accounting and finance functions?

We don’t think so and we’ve asked Mary Schaeffer to join us and help sort the wheat from chafe, or the reality from the hyped-up fiction. We invite you to join us for an informative look at this important issue revolutionizing the business community.

Learning Objectives:

  • Current state of AI in accounts payable, accounting and finance
  • Common myths that are just not true
  • Ways accounts payable, accounting and finance can and should be using AI to make them more effective and efficient

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High-Volume Document Generation_Mary Schaeffer

MARY SCHAEFFER – Founder & Publisher, AP Now

Mary Schaeffer, AP Now’s Founder, has been creating content around the AP function for 20+ years. This material takes the form of a twice-a-week free ezine, a weekly podcast, a YouTube channel, a monthly newsletter, a variety of courses for accountants and AP professionals, and numerous webinars. 

She served on the Business Payments Coalition and Federal Reserve’s Remittance Delivery Assessment Work Group and is currently a member of Nacha’s ACH Network Advisory Panel. Schaeffer has been named a Top AP Influencer for the last three years by the prestigious AP Association, a global organization headquartered in the UK. She also received the Well-Being for Others award from them in 2021 and was named Top AP Influencer in 2022.

She has a BS in Mathematics and an MBA in Finance. Before founding AP Now, she worked in corporate finance and treasury for three large multi-national companies.

MHC Automation is registered with IOFM as a sponsor of continuing education credit for any Accounts Payable or Procure-to-Pay Certification. These certifications are designed to establish standards for the profession and recognize accounts payable and procure-to-pay professionals who, by possessing related work experience and passing a comprehensive exam, have met stringent requirements for mastering the financial operations body of knowledge. IOFM holds final authority on the acceptance of individual courses.

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