Chapter Three: Ways AP Automation Boosts Your Business
AP automation reduces manual processes, increases efficiencies and improves visibility and control.
AP automation reduces manual processes, increases efficiencies and improves visibility and control.
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Auditors will want to check the accuracy of your company’s financial records. And instead of having to chase down paper invoices and purchase orders, they can access all information in the cloud.
They’ll be able to search for documents quickly and easily using the automated AP system. And the faster the auditor can do the job, the less time and money it costs your business.
Automating AP reduces manual steps included in processing, approving and paying invoices.
With less time spent on manual processes, your finance team will have more time to focus on more value-added strategic projects such as providing business advisory, strategic planning and internal controls services.
People tend to make more mistakes in a paper AP process. For instance, they may type in data incorrectly or transpose numbers. These errors tend to happen less often using automation. Removing manual steps and adding in a consistent workflow streamlines processes and reduces the chance of mistakes.
AvidXchange is transforming how middle-market companies are managing and making bill payments with invoice and payment automation.
If you’re ready to find out how, complete and submit the form to arrange a time to meet with one of our AP automation experts.
Upon submission of the form, you’ll be prompted to choose a convenient date and time for a call with one of our friendly representatives. Of course we’re happy to hear from you via phone or email as well.
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