This article first appeared on GuruFocus. SAP (NYSE:SAP), the enterprise software company, pushed its AI strategy into a finance task where mistakes matter: accounting for complex trades. It is working with Japanese trading company ITOCHU on the first use cases. SAP's U.S. shares rose about 1% to $211.10 at 11.20am ET time on Friday. Is SAP fairly valued? Test your thesis with our free DCF calculator. The work starts with raw-material transactions. SAP's system pulls together documents and business context, then suggests the general-ledger account and commission details for a finance specialist to review. That human check is central: an answer that looks plausible still has to hold up through the close and an audit.
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