Expense Management
AP Automation: Assumption vs. Reality

AP Automation: Assumption vs. Reality

As many companies are still laboring under the assumption that accounts payable automation just isn’t for them, it might be time to take a closer look into the true benefits of a cloud-based AP system. A recent whitepaper entitled 5 Ways to Increase Performance and Improve Processes in Accounts Payable, explores factors that might otherwise be considered “barriers” for many accounting departments and shows how each is improved with automation. Consider the top five seeming concerns, identified by the Accounts Payable & Procure to Pay Network survey: Barrier #1: Limited internal support to run the AP automation project. Many accountants and controllers are turned off by the idea of automation simply because they don’t feel as if the company has the manpower or internal IT support to effectively run an electronic payments process. The reality: An electronic system provides little to no burden on a company’s internal resources; cloud-based AP allows for more freedom and fewer “touche...
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Recent Articles

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How Can Automation Help Your Accounts Payable Team?
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