For companies that want to improve their bottom lines, continuously reassessing and upgrading key business processes is crucial. When deciding which processes to improve to get the best ROI, the accounts payable department is a good place to start because its functions impact every department in addition to the bottom line. In fact, automating even…
SMART goals and AP automation can help companies achieve their accounts payable objectives. Transform your invoice processing today.
Closing the Gaps with Better Workflows Streamlining invoice processing with workflow automation can help you save a significant amount of time and money. Compared to manual invoice processing, an automated invoice flow accelerates approval times, increases data accuracy, and cuts down the cost of invoice preparation. Workflow automation allows your business to replace the physical…
AP automation speeds up invoice processing and allows companies to handle a higher volume of documents than would otherwise be possible. But beyond speed and volume improvements, accounts payable automation also provides benefits in other areas that positively impact a business’ bottom line. If your AP department is struggling due to problems like high processing…
Deciding to digitize incoming invoices and automate invoice processing is a smart choice that can significantly benefit your organization, especially if you regularly process a high volume of invoices or have multiple locations that make efficient processing difficult. Invoice scanning allows you to quickly and securely access important AP documents from your computer or mobile…
Is your organization constantly buried in paperwork and bogged down when processes get stuck? Now’s the time to make a change. Automating your business processes will give your company a competitive advantage by saving you time and money and allowing you to more nimbly adapt to a changing business landscape. Broken processes come in all…
For companies in the lower middle market (LMM) when it comes time to make process improvements, the accounts payable department is an easy target. Why? Because between the high volume of documents and the lack of efficiency due to never-ending manual processing, inefficient AP processes drain both your capital and your employees. Without AP automation,…
Workflow automation streamlines your manual business processes to reduce inefficiency, provide transparency, and lower costs to generate greater ROI. But while automation is a reliable, short-term implementation that can lead to long-term results, it’s not a magic pill to fix what ails your business. That’s why we always recommend starting small as you introduce automation…
Onboarding a large number of employees in a compressed timeframe can be a nightmare. Some applicants are new and some may be returning employees, requiring you to know the difference between the two, to match those returning with their existing records and run new employees through the entire on-boarding process—fast and without mistakes. It’s the…