Strategic Impact Of Accounts Payable Automation

Source: Association for Financial Professionals

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Who would have imagined that removing paper from the workplace would be more challenging than putting men on the moon? But that has been the unfortunate reality in corporate financial processes, which have long been mired in labour and paper-intensive process. Not anymore. Accounts Payable (A/P) departments, which came under renewed scrutiny for their heavy reliance on people and paper, are making great strides in automating their operations by leveraging a variety of technology solutions available in the market today.
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Date:Apr 2008