Accounts Payable Automation: A Definitive Guide

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Do you have a paper-based accounts payable process? If so, you’re not alone. According to the Accounts Payable Association, 57 percent of all invoices are received loosely on pieces of paper.

In this guide, we explore why traditional AP processes are quickly becoming outdated in today’s remote-first, cloud-driven workplace, and we explain why deploying automated tools that drive operational efficiencies is the best way to drive organizational growth.

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Some of the common challenges that come with a paper-based AP process.

Learn:

A few common myths that result in hesitancy towards automation.

Put an end to company credit card sharing and increase security.

Identify the challenges that come with a paper-based AP process

57 percent of all invoices are received loosely on pieces of paper. Consequently, 54 percent of businesses said that invoices were sent to the wrong place. Learn why paper is slowing you down.

Dispelling the myths surrounding automation

“Automation leads to a loss of control over the process.” We hear this all the time. Here’s why myths like this are exactly that - myths.

The business benefits of AP automation

Smarter workflows impact more than just the accounting team. Learn how automating your AP process can impact vendor relationships on the marketing teams, or a higher probability of VP investment for the CEO.