The role of AP processes are transforming as CFOs are under more pressure than ever to reduce costs and drive efficiency. A reliance on paper-intensive processes has meant many CFOs and finance teams lack the visibility that enables strategic-decision making.
Whether it’s printing out invoices, or ensuring documents are handled and stored consistently, the risk of mismanagement of physical documents can be severe. Loss, damage to documents and security breaches are significantly higher when managing physical documents.
With an automated AP solution, your organisation is able to eliminate paper-processes and generate reporting across your future commitments, spending and cash flows, resulting in greater visibility.