Accounts Payable (AP) Automation
Most companies run a pretty tight ship. A typical manufacturing company may have streamlined its staffing costs, reduced the administration overhead, installed, setup manufacturing partners and perhaps started selling products and services over the web.
But, walk into any company, large or small, and you'll still find an accounts team processing paper invoices. Ok, some large organisations have invested heavily in e-Business initiatives, document management software or perhaps even EDI; but when you dig a little deeper there are still paper invoices being printed, edited and scanned every day.
We all understand that manually processing paper invoices is time-consuming and expensive (typically costs in the range of £3 to £5), but we deal with it every day. So, if your business is manually processing invoices, read on or click here for a brief overview and technology guide to processing supplier invoices.
4 stage process to streamline the processing of purchase invoices.