When it comes to improving an organization’s back office, AP automation is one of the most effective methods of streamlining inefficient processes, reducing processing costs, and providing more visibility into and control over supplier invoices and payments. Landmark AP automation tools like electronic invoicing, invoice approval workflow, and supplier management portals have helped many companies eliminate paper and reduce processing pains, including late payments, invoice errors, and missed discounts. With an automated AP process, organizations have the potential to save millions of dollars in processing costs each year.