Bill.com has introduced the Bill.com Intelligent Business Payments Platform. The company says the product, which utilizes artificial intelligence, utilizes its Intelligent Virtual Assistant capability to automatically handle invoices.IVA uses machine learning to automatically capture data from invoices, intercept and recognize human error and start the approval process automatically. It will also recognize workflows, such as bill approval routing and thresholds for payment, and automatically create those business rules on behalf of customers.
The platform also supports international payments and virtual cards and can be set to auto pay recurring bills so the user doesn’t even have to think about it.
