Sign In

Matthew Tillman

Simplifying AP Automation @ OpenEnvoy, Partner @ TNT Ventures, Business Insider 100 VCs

Matthew Tillman is the Founder and CEO of openenvoy, specializing in AP Automation with AI technology. He is also a Founding Partner at tnt_ventures, focusing on enterprise SaaS investments.

He pursued a Bachelor of Arts in Political Science at the University of California, Los Angeles.

Matthew has been involved with various organizations such as Partner at Acrylic, Founder and CEO at Haven, Mentor at 500 Startups, Board Member at Root Division, VP Product Management at SET Media Inc., Senior Product Manager at Adchemy, and Engineering Manager at Calyon Financial.

Highlights

Jun 26 · linkedin

🙏🏻 My sincere thank you to Mick Keck and an amazing group of attendees for joining our webinar this morning. A recap will be posted in case you missed what was a great experience.

#ai #ap #accountspayables #apautomation #financetransformation

https://lnkd.in/gtp3_YbX

Mar 13 · linkedin

🤔 "I don't understand. How would you know the price of iron ore at the time of shipment? Would we need to enter that data manually?" At OpenEnvoy, we get this type of question a lot from customers. The easiest response is to ask how they get the data and follow their journey from there. To be direct however, there are no fewer than 100 sources of exactly that information and at least 90% of those are available via real time API.

?The question isn't how we get the data, it's what you want us to do with it and how you want it to be treated (daily average spot, forward against an existing contract, etc). Traditional businesses are suffering from decades of data processing trauma which has lead to all sorts of "not quite" solutions like process mapping, "digital transformation", and RPA.

🔮 Alex Karp of Palantir Technologies recently said that "the gains found in AI aren't incremental, they're exponential which means every day that goes by without adopting AI is a day you'll never recover." I'd argue that most teams want to say yes, they just don't know how because there's no playbook for this type of transformation. The buying process that resulted in a new ERP for example is insufficient when faced with the complete transformation of a business and the elimination of decades of loosely taped together teams and software.

Finance teams that learn to love the bomb will win. Their competitors will not.

#ai #digitaltransformation #finance

Matthew Tillman
Add to my network

Location

United States