The recent availability of ChatGPT and other similar tools has taken Artificial Intelligence (AI) from the technology realm down to the user level. Now more than ever, for those that still have manual process when onboarding and maintaining vendor records, there are AI tools that can make the process more efficient and enable your to communicate more effectively with your vendors. Let’s review AI use cases for the vendor team and what security and precautions need to be considered.

Learning Objectives:

1. What is Artificial Intelligence – Review at a high level, what artificial intelligence is and which of the core applications will help the vendor team at the user level

2. How it’s already Being Used – Learn how third party providers are using artificial intelligence to automate your processes and prevent fraud. Discover how you may already be using it daily.

3. Use Cases > Vendor Team – Learn at least six (6) different use cases for artificial intelligence at the user level to help you in the vendor setup and maintenance process. Two use cases will have demos

4. Security and Precautions – Learn what your company and you need to think about when using artificial intelligence in the vendor process? How does it affect fraud?