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Streamlined Invoice Processing with AI: Automating Vendor Transactions at Scale

September 25, 2025 | Realcomm Staff
1 min read
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AI Case Studies Showcase is an interactive event at the annual Realcomm | IBcon conference spotlighting groundbreaking applications of artificial intelligence in the commercial real estate sector. This year's event showcased a curated selection of forward-thinking projects that are actively redefining industry standards. From concept to execution, each case study presentation offered a detailed look at how advanced technologies are streamlining operations, enhancing decision-making, and unlocking new possibilities in commercial real estate. The Weekly News Briefing will feature a unique Showcase project each month.

At this year’s conference in June, Amanda Gibb, Chief Information Technology Officer at Bedrock, and David Stifter, CEO & Co-Founder of PredictAP, presented a transformative solution for accounts payable automation. Their AI-powered system integrates directly with Yardi to streamline invoice processing across Bedrock’s portfolio, handling over 2,000 invoices per month from more than 650 vendors with 96% accuracy. Leveraging machine learning models for document recognition and classification, the platform achieves over 90% coding accuracy across all fields, reducing manual data entry and minimizing errors. By automating accounts payable workflows at scale, Bedrock delivers faster vendor payments, improved financial accuracy, and significant operational efficiency for its 200+ properties.



To learn more on how artificial intelligence is transforming commercial real estate, attend Buildings AI on November 11 at the Paramount Club in New York. This focused event will feature real-world use cases and practical strategies for applying AI to drive smarter, more efficient building operations. Seats are limited, register today!

Realcomm Staff
Realcomm Conference Group LLC is the leading research and educational institution that produces annual conferences and expositions on technology, automated business solutions and intelligent buildings strategies for executives in commercial, corporate, government and institutional real estate. Realcomm was founded in 1999 with the goal of bringing industry leaders together each year to discuss, demonstrate and debate the latest innovations that impact the industry.

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Yardi® develops and supports industry-leading investment and property management software for all types and sizes of real estate companies. Established in 1984, Yardi is based in Santa Barbara, Calif., and serves clients worldwide. For more information on how Yardi is Energized for Tomorrow, visit yardi.com.