Paper stinks. It’s the culprit for extra costs, risks, and inefficiency in the AP process. Your work is already complicated enough. Rather than adding more stress, simplify the day-to-day with accounting automation and say goodbye to:
Labor consumes 62% of the total cost of AP *
34% of companies indicated that vendor invoice discrepancy is the highest pain point in managing partner satisfaction **
On average, 3.6% of invoices have errors
We get it – you’re team is constantly fighting the clock to resolve invoice issues, chase down receipts and approvals, and perform mindless tasks, like data entry for example. All of that’s got to have your mind spinning. You need a way to simplify what you’re doing and get visibility into process bottlenecks.
The good news is you can reclaim some control by automating routine accounting processes. You can stop fielding all of those tiresome questions, like whether an invoice was processed or a payment was received. Regardless of department, automation software can track where your invoices are and what stage of the process they’re in. Questions – answered. Issues – resolved.