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Key Points
  • Accounts payable (AP) automation can offer real short-term efficiency savings to deal with an uncertain business environment marked by political and economic turmoil
  • Paperless receivables is being driven by three factors: the need to become more efficient and better risk management, and advances in electronic technology
  • Companies need a strategy considering pain points in current process, willingness and ability of the business to manage change and the relative costs and benefits
  • AP automation can reduce costs and errors and exceptions, reduce time answering suppliers’ questions, improve relations with suppliers and improve the company’s brand image

Realize Sustainable Benefits with a Well-constructed AP Automation Strategy

Automating the Accounts Payable (AP) process of the F&A function is an avenue, which can spell steady and real benefits for the organization. Additional benefits that can accrue include error reductions, time saving, increase in compliance and so on. Read this whitepaper for insights on how you can derive the maximum by automating the AP process.

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