Paper-based AP processes are long and labor-intensive. They involve a lot of paper shuffling to manually receive and processes invoices, get approvals, cut checks, and communicate with vendors. They also have blind spots along the way that can lead to over-budget spend.
Hobson & Company, a leading return on investment (ROI) research firm, explored the time and cost savings realized by automating those paper processes with Bottomline. It interviewed a cross range of Bottomline’s current retail, CRE, and multifamily clients, including those who had also used other automation solutions.
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About Hobson & Company
Hobson & Company helps technology vendors and purchasers uncover, quantify and validate the key sources of value driving the adoption of new and emerging technologies. Our focus on robust validation has helped many technology purchasers more objectively evaluate the underlying business case of a new technology, while better understanding which vendors best deliver against the key value drivers. Our well researched, yet easy-to-use ROI and TCO tools have also helped many technology companies better position and justify their unique value proposition. For more information, please visit www.hobsonco.com
Disclaimer: The Return-on-Investment (ROI) and other financial calculations performed by this tool are based on data provided by Nexus Systems customers and various assumptions and estimates only. The actual ROI realized by customers may vary from the estimates provided. Nexus offers this tool to assist customers with evaluating procure to pay platforms, however, Insurity and Hobson & Company (the firm that created the tool) are not responsible for the accuracy of any estimates.
No part of this publication may be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopying, recording or any retrieval system, without the written permission of the copyright holder. © Hobson & Company, 2021. All rights reserved. All other marks are the property of their respective owners.
