The Benefits of Accounts Payable Automation
The Facts and Best Practices from Leading Analysts. Research shows that automation is yet again the way forward for cost savings and improved efficiency.Enterprises are increasingly aware that paper and people-based processes lead to high AP transaction costsand missed business opportunities. In a recent survey1, 42% of the organizations interviewed stated thatthey were experiencing delays in receiving invoices and/or difficulties in information matching. Other issues were high processing costs, too many exceptions and delays in making approvals.