In Favor of AP Automation

Posted By admin on May 25, 2009

 

The main reasons for moving from a manual AP process to an automated one are the problems associated with the manual invoice processing.

High per invoice cost

Low business controls

Cumbersome Invoice archiving

Penalties due to late payments 

 Missed opportunities for discounts

 Duplicate and erroneous payments

Slow turnaround time

No visibility into the status of invoices

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