The American Banking Association reveals that check fraud accounted for 47%, or $1.3 billion, of industry deposit account fraud losses, closely followed by debit card fraud losses at 44%, or $1.2 billion.
There are dozens of clear signs to automate your Accounts Payable (AP) payment processes, but some are more important than others in affecting your company’s future performance. We have gone through the work for you and selected the top five signs to watch for that show it’s time to change course to automate AP.
Download this guide to learn how to notice early slowdowns in your AP team’s productivity, sharp rises and falls in workloads, and imminent business and technology shifts that will have significant impacts on your business. You’ll also begin to identify ways to make your auditing process more efficient that we think will help you the most in growing your business.