Caitlyn Riedl explains why accounts payable automation is a must for companies seeking to win in the digital age.
We are in the 21st century. Digitalisation is all around us, whether it be in your personal or work life, it is taking over! What we need to do is embrace it, right?! I know there are many concerns about technology and how much of it we should bring into our daily lives, we fear the unknown, and it is scary to give up control. But one technology you don’t want to be without is Accounts Payable (AP) automation. Join top performing companies and transform your corporate strategies to embrace AP automation.
AP manual processing pains
An advantage of utilising automation is getting rid of your manual processes. Let’s be honest, when working on mundane tasks such as entering invoices over and over, our minds can wander. “What is for dinner tonight?” “I have so much laundry to do when I get home.” “I have to take my kids to practice…” The list goes on and on. We are all human and when things become too repetitive we can lose our focus and with that comes mistakes. Even though those mistakes are accidental it can cost us big time. So why not take the pain and hassle of manually entering invoices away? Enrich your employees with more meaningful tasks and let them put their minds to work.
Entering invoices with errors isn’t the only pain that can occur when it comes to manual processes, though. What about the time it can take to process an invoice? Do you know how long it takes AP specialists in your organization to process an invoice? Are you where you want to be or do you want to become best-in-class and get invoices into your system fast and error free?
Transform AP with digital technologies
Other than manual processing pains why should you embrace AP automation? Download this exclusive white paper written by IOFM’s own Mark Brousseau and get expert advice on how to transform your AP department with digital technologies.
This article is sponsored by Esker.