University of Iowa Ionwave #18362

University of Iowa seeks information on outsourced Accounts Payable Automation Services and related technologies

The University of Iowa is seeking information from qualified service providers about outsourced Accounts Payable (AP) Automation Services and related technologies. - Government Buyer: - The University of Iowa, Iowa City, IA - Products/Services Requested: - Outsourced AP invoice processing services - Automation technologies including: - Optical Character Recognition (OCR) - Machine Learning (ML) - Artificial Intelligence (AI) - Workflow automation - Technology Environment: - Current use of Microsoft Azure and PeopleSoft for electronic invoice processing - Requirements and Capabilities Sought: - Solutions that improve operational efficiency, service quality, and compliance - Integration with ERP and financial systems - Security and compliance certifications (e.g., SOC 1, SOC 2, ISO 27001) - Scalability to handle high invoice volumes - Support for both paper and electronic invoices - Experience with higher education and public sector clients - Details on AI and automation features, service levels, implementation, and pricing models - No specific OEMs or vendors are named, as this is an RFI for information gathering.

Description

The University of Iowa is seeking information from qualified service providers who offer outsourced Accounts Payable (AP) invoice processing services and related technologies. The purpose of this Request for Information (RFI) is to gather information on industry best practices, service delivery models, automation technologies including AI, pricing methodologies, and supplier capabilities. The University aims to improve operational efficiency, service quality, compliance, and technology enablement in its AP processes. This RFI is for information-gathering only and does not constitute a solicitation or commitment to procure services.

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