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AP Automation: Benefits by the Numbers

Converting from manual to electronic invoices and payments increases efficiency, security, and visibility, and delivers measurable cost savings and rebates.

Streamlined AP Processes can result in:

  • 400% increase in visibility to invoices & payables
  • 17% improvement in employee invoice processing capacity
  • 10x less fraud with electronic transactions than paper checks

The best-in-class AP departments saw 90%+ increase in savings by converting to electronic payments from paper checks, Don’t let inefficient manual processes stand in the way of becoming best-in-class.

An accounts payable department processing 60k invoices per year stands to save $667k annually through accounts payable automation.

Organizations can reduce invoice processing costs by 82% with automation. What you can do to become best-in-class

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7 Ways AP Automation Can Pay for Itself

Will investing in accounts payable automation yield a positive return on investment? When all the numbers are crunched and all factors are taken into consideration, AP Automation will pay for itself and generate ROI for the business.

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4 Steps to Bringing a Positive ROI to Accounts Payable

What if your accounts payable department could realize a positive ROI by automating the accounts payable lifecycle? While it may sound too good to be true, leading edge organizations are doing just that.

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