Struggling with too much manual invoice processing? You’re not alone. Accounts payable leaders know firsthand how much manual intervention is required to process, approve, and post supplier invoices. From correcting errors and chasing down approvals to matching POs and rekeying data, these time-consuming tasks slow down processing and increase overhead and the risk of mistakes. With today’s challenging labor market and growing pressure to do more with less, relying on manual processes is no longer sustainable. The good news? There are proven strategies to reduce manual intervention, streamline invoice processing, and free up your AP team to focus on higher-value tasks.
What you will learn:
- The hidden causes of manual intervention in invoice processing
- How to reduce invoice exceptions and errors before they happen
- Ways to increase straight-through processing rates without adding headcount
- Best practices for automating invoice approvals and PO matching
- Key technologies that make invoice processing faster, easier, and more accurate
