Do you know what paper-based invoice processing is costing your organization? According to an Institute of Financial Operations study, the average medium sized company processing 10,000 invoices a month is spending more than $480,000 annually. With average invoice volumes on the rise, the cost trajectory is clearly heading in the wrong direction.
But if you don’t know what your costs even are, you’ll be hard pressed to identify where you can cut them. What’s more, it will be nearly impossible to quantify the ROI you could achieve with AP automation.
Download this white paper and learn how to:
- Identify the obvious – and hidden - costs of manual invoice processing
- Get accurate visibility into your own per-invoice processing spend
- Calculate the ROI, and make a business case for, AP automation