From Elon Musk’s assertions that robots might rule the world one day to the daily business efficiencies transforming things like data entry and payment processing, there’s a whole world of digital possibilities and promises competing for our money and attention. Not to mention our sleep. If you’re like most people over the age of 11,…
Did you know that to experience the benefits of accounts payable (AP) automation, you don’t need to dive into a fully-featured solution all at once? Studies show that even automating small pieces of the AP process at a time could still have a significant positive impact on the efficiency of your operations. Ideally, your approach…
Congratulations! You’ve made the smart decision to eliminate invoices and streamline the receipt of your mail and email with a digital mailroom. As soon as it’s all in place, you’ll quickly start to enjoy increased efficiency and the ability to reallocate space and staff hours that were previously being wasted on managing incoming paper and…
If you’re looking for a solution to alleviate financial issues caused by manual processing, AP automation is the way to go. Automating your accounts payable process can help you increase efficiency, improve accountability, and simplify compliance, all while saving your company time and money—and these are just a few of the benefits. As you eliminate…
As a manager, you know better than anyone that time is money, efficiency is the name of the game, and all those other clichés about digitizing being the wave of the future. So why is your team still handling accounts payable with the same old paper-heavy processes? You’ve probably heard of AP automation software, but…
There is a lot of hype surrounding the results of RPA (robotic process automation), which is a way to automate manual, repetitive processes in your business. When the application is implemented properly, for the right processes, businesses can gain enormous efficiencies. The best-case scenario for RPA gets even non-technical people excited about an application that…
Workflow automation can help you streamline your business processes and reduce costs, and if you’re new to automation, accounts payable is a great place to start. Besides expediting the review, approval and payment process automation eliminates the risk of data entry errors and reduces the accidental loss of data and documentation. But just as importantly,…
For companies that want to improve their bottom lines, continuously reassessing and upgrading key business processes is crucial. When deciding which processes to improve to get the best ROI, the accounts payable department is a good place to start because its functions impact every department in addition to the bottom line. In fact, automating even…
AP automation can help you improve efficiency, reduce costs, and create transparency within your business processes. To make the magic happen, you will need a solid plan that will allow you to analyze your existing processes and put new and improved automated workflows in place. Turning your goals into SMART goals will allow you to…
Closing the Gaps with Better Workflows Streamlining invoice processing with workflow automation can help you save a significant amount of time and money. Compared to manual invoice processing, an automated invoice flow accelerates approval times, increases data accuracy, and cuts down the cost of invoice preparation. Workflow automation allows your business to replace the physical…