How to Prepare for Accounts Payable Automation
After years of steady but slow growth, AP departments are racing to automate.
71% of AP departments have plans to automate.
What’s behind the sudden spike in AP automation adoption? AP leaders want to:
Better support remote staff.
Do more with less.
Provide decision-makers with better visibility.
Mitigate the risk of payment fraud.
Technologies such as invoice capture, workflow automation, and electronic payments can enable AP departments of all sizes achieve these benefits by eliminating manual, paper-based processes.
But like most projects, preparation is key to AP automation success.
IOFM’s latest white paper provides a blueprint for preparing your AP department for automation. It lays out the steps an AP department should take to ensure that its automation is a success.
If automation is in your AP department’s plans, download this white paper today.