Overcome the cost, time, risk and errors associated with paper invoices and manual processes by automating the invoice lifecycle.
Paper-based financial processing is costly in both time and money, yet 63% of organizations still make more than half of their payments by paper check. Automated invoice processing, on the other hand, moves payments faster through the invoice-to-payment cycle while also reducing operational costs.
Discover the benefits of automating financial processes from end-to-end and realize:
Improved accuracy and visibility through the elimination of costly, error-prone tasks
Timely payment and receipt cycles, making for happier vendors
Reduced processing and operational costs
The gulf between Accounts Payable and Accounts Receivable isn't as wide as it seems. These seemingly siloed functions share common problems and--even more importantly--common opportunities for transforming financial operations across the organization. Here, we share areas of overlap and opportunities for businesses to reduce DSO and DPO, capture discounts, reduce process complexity, and improve visibility into these functions and their core activities.
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