Skip to content
Get in Touch

Inflation affects every area of business – and accounts payable (AP) is certainly not excluded. Rising costs can impact how you make payments to suppliers and, in some cases, when and whether you are able to make payments at all. The good news is that implementing strategic automation to support your AP function can mitigate inflation by conserving your time, money, and resources. Here are ten top attributes to look for when evaluating AP automation solutions.

 

1. Resides in the cloud

Cloud-based AP automation solutions give you the scalability, flexibility, and economy you need, both now and as your business expands.

 

2. Leverages artificial intelligence

From automated routing to fraud prevention, artificial intelligence, and machine learning continually improve at streamlining your AP processes, allowing you to allocate your resources to more strategic tasks.

 

See the other 8 ways in the best practices guide.

 


Related Solutions

Payments Automation

Enhance your AP team's future with faster ACH and virtual card payments, paired with effortless invoice management to make your business better.

AP Automation

Automate accounts payable while simplifying and securing end-to-end AP processes by eliminating manual steps and insecure paper methods.

Business Payments Network

Make and receive secure digital payments conveniently through Paymode, the market leading B2B payments network trusted by over 550,000 verified businesses.