Business process automation (BPA) is a strategy that can yield tremendous results when implemented correctly. But despite the fact that many automation software providers have made their products easy to set up, some businesses are still getting it wrong.
There’s been a lot of talk lately about the power of workflow automation and what it can do for a business. However, some companies are reluctant to embrace this phenomenon.
Have you ever wished you could cut back on your invoice processing costs without sacrificing efficiency and work quality? A study carried out in the United States showed that an average company spends as much as $25 pushing one invoice through a paper-based system. At the same time, half of all companies take between five and 15 days to process a single invoice when they do so manually.
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.
So you’ve decided to go paperless, and want to give accounts payable (AP) workflow automation a try, right?