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The Cold Hard Truth About Paper-Based Invoice Processing
The average cost to process one manual invoice is $15 - Aberdeen Group Nearly 62% of invoice processing costs are made up of staff labour - APQC The cost to locate a lost document can reach $120, and the cost to replace it, as much as $220 - AIIM 80% of inbound...
Four Ways AP Automation can Immediately Increase Your Bottom Line
If you are an Accounts Payable Manager, chances are you are under pressure to improve efficiencies while cutting costs. While being able to do more with less may sound impossible - it isn’t. Leveraging technology can significantly reduce many of the tedious manual...
Learn how one simple solution solved a BIG problem
My first three articles focused on the Capture. Manage. Automate.™ process and how it can be applied to Accounts Payable departments. So how does it apply to real working Accounts Payable departments? Here is an example of a real problem we solved for one of...