Automation is a trending topic that has led to major changes across different departments in the current business world. Automation not only eliminates various business challenges and frustrations but can also increase growth and give businesses a competitive edge. Interestingly, while other departments increasingly adopt these new technologies, accounts payable departments in various industries still prefer processing their invoices manually.
However, these traditional processes slow down business operations, especially in light of digitally advanced accounts payable solutions. Manual accounts payable (AP) environments, which are paper-based, might have been effective years ago. However, they are tedious and prone to human errors. Businesses should consider automating their AP processes for the following reasons.Continue Reading