Learn why the future of accounts payable is automation.
For years accounts payable departments have run on manual paper-based processes to manage invoices. For years, accounts payable teams have also struggled for exactly this exact reason. When run on paper, the accounts payable function has shown to be much more prone to inefficiencies through the time and cost required to process a single invoice. This is a big issue, particularly as companies expand and grow, as the problem only grows with it.
So, what can be done? Many accounts payable departments have introduced automation in their invoice processes as a solution. From OCR document scanning to email invoices, automation is helping accounts payable teams globally to meet the demands of their business.