According to the Institute of Finance and Management, only 25% of accounts payable departments describe their invoice processing as being “highly automated.” AP remains challenged by a blizzard of paper and document-based invoices handled with inefficient and manual processes that introduce risk and limit speed, accuracy, and controls critical to successful payables management.
In addition, most corporate AP functions need to maintain and regularly interface with an ERP for general ledger and budget management. The ideal solution not only delivers best-in-class invoice automation but also integrates seamlessly with your ERP, resulting in unprecedented efficiencies, cost savings, and ease of use.
In this datasheet see the key benefits of invoice automation and how to leverage your ERP investment with invoice automation.
Source: Institute of Finance and Management (IOFM)