Many businesses still follow traditional methods of managing accounts payable processes. Manual processes are time-consuming and erroneous, requiring you to pay careful attention to detail. The four major pain points in accounts payable processes are: · Invoice capturing and data entry · Invoice approvals · Invoice-PO matching · Signing paper documents including checks Accounts payable is a painful process for ...

Today, in this modern competitive business world, one might be astonished to find that vendors are still sending paper invoices. Snail mail is still the most common invoicing process in some parts of the world. But this does not indicate that your accounts payable department need to be stuck with the traditional paper stacks on their desks and late-night shifts ...

AP automation is witnessing a paradigm shift as businesses struggle to move towards a touchless payment. Businesses automating accounts payable as an integral part of a larger finance and accounting transformation want to optimize beyond the outdated procure to pay method. Digital procure to pay software will allow business enterprises to unshackle the next-gen AP transformation. Adopting Digital Procure to ...