In many organisations, invoice processing is the single most paper-intensive, “high touch” manual activity remaining today. Even organisations that have largely automated their front office, operational and supply chain functions often still process invoices in a very manual manner. Companies that rely on traditional invoicing processing practices, which are burdened by many inefficient, manual tasks, find themselves at a competitive disadvantage to companies that have transformed this process.
You can now reduce the direct cost of invoice handling by automating the full invoice lifecycle from the time they are received to the time they are authorised for payment. Eliminate the great majority of the paper handling and create a fast, accurate “low touch” invoicing process. And the benefits go beyond cost reduction to create a cost management and information availability advantage that will help your company better compete for years to come.