The Business Case for Accounts Payable Automation

AP automation is essential to your business: Here's why

 Accounts Payable departments carry a huge weight of responsibility within businesses, yet many lean on antiquated processes and perhaps a desperately patched together attempt at accounts payable automation. The result: suboptimal performance, sluggish invoice handling, and cumbersome manual entry that can lead to errors, fraud, and overall inefficiency.

Accounts payable automation, including automated invoice processing, can be a game-changer for your business. Yet many organizations see barriers to the evolution of AP automation. Making a business case for automation can be challenging, particularly as all of us try to regain our equilibrium on the tail end of a
global pandemic.

Business considerations for accounts payable automation

We know all too well the challenges you face, which is why we're offering a free webinar on accounts payable automation. This live webinar is scheduled for Wednesday, June 9, from 12-1 p.m. CDT.

Here are just some of the topics we'll explore in this accounts payable automation webinar:

• How today's workforce is driving AP transformation
• How AP automation can solve common challenges
• How to build a business case and transform your AP operations
• What's involved in setting up an AP automation solution

To thank you for your time, all participants in this accounts payable automation webinar will be entered to win a YETI tumbler prize package.

We know some of you just can't wait for this valuable info. So here's an overview of the business case for accounts payable automation.

• Accounts Payable automation and automated invoice processing offers significant time savings. Imagine: no more hunting down invoices in the pipeline of approvals.
• AP automation streamlines processes and creates efficiencies. Labor costs go down. Costs for paper document storage drop. Postage costs decline. And automation puts an end to tedious manual processes that eat up valuable time.
• Human error is virtually eliminated. Overpayment never happens anymore. And say goodbye to duplicate payments. All this, with far less oversight.
• Auditing is simplified. Accounts payable automation eliminates much of the stress at audit time, and compliance is simplified for quarterly and annual filings.
• Ease of integration. AP automation services integrate easily with your business's ERP, databases, and other systems.
• Capture discounts for early payment by accelerating the invoice lifecycle. Think of the savings over time!
• The data you need, at the touch of a button. You can quickly access invoice, payment, and purchase order status in a flash.

Accounts payable automation: The business case is clear

As you can see, the business case for AP automation is clear. Hopefully with these points building a business case within your organization just got easier. To get more information about accounts payable automation, and automated invoice processing, be sure to sign up for our live webinar, featuring our AP automation experts. Or contact us to speak with a representative directly about how we can help you get started with accounts payable automation.