Published By: Ephesoft
Published Date: Apr 04, 2018
All accounting procedures, especially remittance and AR/AP processing, are critical to any organization’s financial well-being. Manual data entry of invoices is an inefficient, expensive, labor intensive and often errorprone process. Slow and mistake-laden document processing lengthens payment cycles, reduces staff productivity, adds late payment penalties and causes missed early payment discounts
Read the white paper‚ Building a Business Case for AP Automation: How to Propel Your Project to the Top of the List‚ to discover how AP automation creates benefits for the entire business such as:
• Cost savings due to fewer manual processing tasks and less IT requirements
• Complete visibility and control thanks to customizable dashboards and metrics
• Faster payment cycles with the ability to capture more early payment discounts
• Improved employee productivity and supplier satisfaction
You know how to run an effective AP operation - we're not here to lecture you. This field guide is simply a handy resource for pinpointing the pains in your AP process and exploring potential solutions to fix them.
Expect to take home some best practices on how to:
- Secure AP invoicing cost savings of up to 80%
- Drastically reduce your rate of invoice exceptions
- Gain significantly more early payment discounts
- Simplify workflow for every AP stakeholder
Download the Accounts Payable field guide to learn more!