In a previous post, we took you through a step-by-step process for automating your accounts payable (AP) workflows. One of the steps is to choose software that best meets your AP department’s needs. Today, we’d be showing you the exact, final things to consider before making your choice of workflow automation software.
We’ve already given you 15 reasons why you should automate your accounts payable (AP) processes. It saves time, reduces costs, leaves your employees free to do the more-pressing tasks they need to tend to, and so on.
So you’ve decided to go paperless, and want to give accounts payable (AP) workflow automation a try, right?
Accounts payable invoice processing may not be the most exciting task in the world, but it remains an essential one for every organization that wants to pay its vendors.
Getting a team to work together efficiently can prove a challenge, especially if the team’s task is no fun and no one wants to finish it.
An inefficient team can cause unnecessary waste, missed delivery dates, and lots of unnecessary stress.
As a CFO who knows that invoice processing is hardly a fun task, how can you get your accounts payable (AP) team to work together productively, make the best use of their resources, and deliver quality results more quickly?
It’s time to talk about optimizing one of the least-sexy business processes out there: invoice approval.
When invoices are processed effectively, it directly yields a positive impact on turnaround time, operational efficiency, and your overall bottom line.
Traditionally, invoices are processed and approved manually, but it’s important to understand that there’s a better way to do this in the 21st century and it’s automation.
