It’s hard to believe, but we’re already heading into year-end for 2017. It’s tempting to hold off on implementing new technologies, but automating your invoice and payment processes before 2018 will create many benefits for you and your team.
With automation, you no longer need to hunt down outstanding invoices or colleagues for approvals. Instead of keeping track of outstanding invoices on an Excel spreadsheet, you can easily run a reports with comprehensive lists of outstanding POs and all invoices received but not yet entered into your accounting system. It's simple!
By implementing an AP automation solution at the end of the year, you’re starting the new year by:
Eliminating paper and reducing the volume of time-intensive tasks
Increasing efficiency and visibility into payables with 24/7 access into all outstanding invoices and payments
Relieving stress of audit season with an electronic audit trail