Intelligent Account Combination Defaulting
As an accounts payable analyst, you can use the default values for account combinations that AI and machine-learning algorithms provide on the accounts payable invoice lines.
Al and machine-learning algorithms predict and automatically default segment values of the account code combination on no-PO accounts payable invoice lines. For these predictions, AI and machine-learning algorithms use historic data patterns and other influencing factors. Segment values are defaulted if they exceed the dynamically calculated confidence score threshold for each segment to maintain a high level of prediction accuracy. If the confidence score threshold isn't met, these segments remain blank and require manual input.
When a distribution combination segment value is defaulted and then edited to a different value, the Al and machine-learning algorithms use these corrections to improve the prediction accuracy.
Here are some benefits of using this feature:
- Reduced entry time and accelerate the process of making invoices ready for payment
- Reduced “think time”
- Focus on data accuracy rather than data entry
Activate the Feature
As a user with the Application Implementation Consultant role, here’s how you can activate the Intelligent Account Combination Defaulting feature:
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Create the Business Intelligence User for data ingestion. See Create the Business Intelligence User and Role.
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Connect AI Apps to Business Intelligence to enable data ingestion and model training. See Connect AI Apps to Business Intelligence.
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After the model is trained, download the evaluation report. See Train Models for AI Apps Features and Download Evaluation Reports.
- Opt in for the feature using the promotion code in the evaluation report. See Opt In for Intelligent Account Combination Defaulting.