As expected, the AI compliance becomes the real deal!!!!!!!!!!!!!!
AI-AP Compliance – preparing for launch after successful pilot
Pilot results
• Piloted new AI-AP Compliance product with two key clients, including a NASDAQ-listed telecom provider with a global footprint.
• Pilots on track to finish in Q2.
• AI-AP Compliance product delivering 90% success rate on test invoices.
• Key learning: clients providing key feedback on content for reports and dashboards.
Launch
• Launching AI-AP Compliance in Q3.
• W2V expects to process an additional 50k invoices for the telecoms provider across three European markets subsequent to the
Pilot.
• 10 additional potential clients in initial pipeline.
• New provisional patent for the AI-AP product will be submitted in Q2 FY24 in the USA.
• AI-AP Compliance will be regularly refined and updated to meet evolving tax regulations and client needs
Ann: Investor Webinar Presentation, page-4
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