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    Breaking Down Adoption Barriers for Accounts Payable Automation Technology

    Posted by admin on August 07, 2016

    Automating the AP process delivers indisputable value in the form of reduced transaction costs, increased control over payment timing, and traceability through the AP process. Many studies have validated the value various technology solutions can bring to the AP process, but it is important to examine your practices to balance the right mix of automation technology. These same studies have shown that best-in-class organizations using moderate to high levels of AP automation have seen their invoice processing costs shrink by 83%.

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    Tags: Accounts Payable, Accounts Payable Workflow Automation, Content Management, Document imaging, Document Management, Document Scanning, Invoice Processing