Accounts payable has been talking about end-to-end integrated automation for at least 40 years. Today, the technology exists, but resources are limited and end-to-end AP automation is still not standard. Some AP departments have automated pieces of the AP process, but an end-to-end solution should include the ability to capture, integrate, measure, process, store, and access information.
AP executives who are looking to automate face a daunting task. They need to present a compelling business case for automation with measurable outcomes — specifically: cost savings, improved visibility and control of expenses, improved compliance, and higher returns on investment.