The Strategic Advantages Of Accounts Payable (AP) Automation
Category: Legal | Presented By: Mineraltree
There is a rapidly growing demand for Accounts Payable Automation as the traditional process is very manual and labor intensive. An automated process reduces errors, eliminates fees incurred from late payment, and eliminates fraudulent charges by increasing visibility and improving controls.
Be sure to choose a solution that integrates with your financial system of record and your bank account, otherwise you will end up with two parallel systems. It is also important to understand whether the payment execution features are consistent with your organization’s expectations for cash flow and management, and payment control.
This whitepaper covers the strategic advantages of Accounts Payable (AP) Automation and why leading finance executives are making AP Automation a priority.
Why Companies Automate
Why Automate Accounts Payable?
The Hidden Costs
The Time To Automate Is Now
Deciding To Automate