In this episode of the AI Interconnect podcast, Laurent Cochet interviews David Stifter, CEO of PredictAP, a company focused on automating accounts payable processes in the real estate sector. David shares his journey from a tech enthusiast to a leader in PropTech, discussing the inefficiencies he observed in finance and how they led to the creation of PredictAP. The conversation delves into the importance of integrating with existing systems, addressing team concerns about automation, and the future of AI in real estate finance. David emphasizes the need for human oversight in automated processes and shares his vision for PredictAP as a leader in invoice coding solutions.

Takeaways

Technology should focus on solving real business problems.

Understanding inefficiencies in finance led to PredictAP's creation.

Integration with existing systems is crucial for client success.

Automation can relieve pressure on AP teams, not replace them.

AI is not ready to fully take over jobs in accounts payable.

PredictAP aims to be the best solution for coding invoices.

Human oversight is essential in automated processes.

The real estate sector has unique challenges for automation.

Future opportunities lie in automating back-office tasks.

Building a supportive company culture is key to success.

Titles

Revolutionizing Real Estate Finance with PredictAP

The Journey of David Stifter: From Tech Geek to CEO

Sound bites

"It's a very high knowledge position."

"This is a tool to help you."

"We are good at what we do."

Chapters

00:00 Introduction to PredictAP and Its Vision

01:31 David Stifter's Journey and the Birth of PredictAP

14:09 Understanding PredictAP's Functionality and Market Position

20:34 Integration with Existing Systems and Client Success

25:11 Addressing Team Concerns About Automation

30:24 Identifying the Ideal Client for PredictAP

33:28 Challenges in AI Adoption in Real Estate

35:40 Future Opportunities in Real Estate Finance

37:43 The Role of Humans in Automated Processes

39:54 Long-term Vision for PredictAP

Keywords

PredictAP, automation, real estate, AI, accounts payable, integration, technology, finance, efficiency, innovation, PredictAP, David Stifter, accounts payable automation, AP automation real estate, Yardi integration, MRI integration, AI invoice processing, PropTech, real estate finance, invoice coding software, AP automation SaaS, automate back office, real estate accounting software, invoice exception handling, AI in real estate, AP workflow automation, invoice OCR alternative, smart real estate platforms, real estate automation tools, CRE back office, AP SaaS for REITs, automate invoice approval, real estate finance tech, PredictAP Yardi, automation in PropTech, PredictAP platform, AP innovation 2025, AI InterConnect podcast, AI finance compliance

Hashtags:

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David Stifter, Founder and CEO of PredictAP, joins AI InterConnect to reveal how his AI-powered platform is changing how real estate companies handle accounts payable. From his 20-year background at Colony Capital to building a purpose-built SaaS tool that integrates seamlessly with Yardi and MRI.

Discover how PredictAP supports multifamily, office, and senior living operators by eliminating manual AP bottlenecks and streamlining finance operations at scale.

Subscribe to AI InterConnect for weekly conversations with the operators, technologists, and founders driving the next wave of real estate transformation.