All organisations are constantly striving to reduce costs and become more efficient. Increasing invoice volume, greater process complexity and ongoing pressure to do more with less – this is the new normal for accounts payable (AP) departments. You have a core financial system in place to manage your transactional data, but what about the information and documents your team has to manage outside that system? What about the manual processes and piles of paperwork putting stress on your AP team?
By automating the capture and validation of invoices and making AP documents available digitally by integrating with your ERP solution, organizations reduce processing times, streamline the approval process, and shorten invoice-retrieval times to seconds. Businesses gain better visibility into the overall accounts payable process and can take advantage of early payment discounts for significant cost savings.