Accounts Payable Automation - Benefits

Automation of accounts payable processes delivers quick wins as it improves your day-to-day visibility of financial status and provides a better basis for business decisions. It’s about saving money, gaining control of your business processes, and recouping a significant amount of valuable time for your organization.

Improved Visibility and Control

Supplier information, amount to be paid, taxes, line item details, workflow status, audit trail and invoice images are all at your fingertips 24 hours a day, seven days a week.

Eligibility for Early-payment Discounts

Shorten invoice cycle times to take advantage of supplier discounts that can have a big impact on your bottom line.

Reduction of Manual Data Entry

Intelligent template-free capture technology drastically reduces manual work so employees can focus on more strategic tasks.

Seamless Workflow Integration with any ERP System

Solutions that work within any or even multiple ERPs streamline processes and provide user-friendly interfaces.

Lower Costs

Studies have reported that the cost of processing a single invoice manually is somewhere between US $7 and US $50, while invoice processing automation has been proven to reduce that cost per invoice by 50-80 percent.