What Are The Key Elements A Solution Must Have To Automate Your Accounts Payable Processes?
Source: Articles Factory
The distributed nature of accounts payable processes often requires approval on several levels, and generates huge volumes of documentation that are difficult to effectively manage. Not only does this increase the amount of time needed to process each invoice, but it also sets the stage for costs to spiral out of control. Because of this, AP processes are an ideal place to start as organizations look to strengthen controls, drive out costs, and increase efficiencies.