Technology is constantly evolving, with change accelerating seemingly overnight. Yet 70% of companies process more than half of their invoices – and organizations in general pay most of their bills – the old-fashioned way, on paper. In this digital age, it seems companies would be quick to embrace a technology that not only increases productivity, but also increases cash yield, reduces fraud and dramatically improves accountability, compliance and reporting. Research suggests that more executives would embrace AP automation if they could quantify the return on investment. This white paper helps make that case in 5 steps, documenting the risks and waste of paper-based processes, and providing quantifiable solutions that will allow senior executives to make an informed decision.
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