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As the number of invoices businesses manage grows, fewer than half are processed electronically resulting in delays, over-payment, lost information, and added overhead expense. IOFM reports that between 70 and 80% of invoices in the United States are still paper-based, and about 70% of invoice processing costs are related to document handling and manual data entry.

That’s a lot of information to keep track of – and a lot of paper to shuffle around. The average time to process a paper invoice is 11.4 days according to ePayables. If you’re thinking about digitizing invoices, you’re not alone!

Break free from slow, expensive accounts payable (AP) processes. Converting to AP automation doesn’t have to be complicated or expensive. By supporting your efforts with streamlined technology and hardware, a small amount of training, and open communication, automating AP operations can be easy…as simple as five easy steps!

You can virtually eliminate manual data entry of financial information using artificial intelligence while digitizing your AP process. Additional features also enable automated workflow of invoices through approval processes and secure long-term storage of financial information either on-premise or in the cloud.

Do you know where to get started? Learn the five easy steps to more efficient invoice processes and find out how AI can improve information control and save you money.

The average time to process an invoice drops to 3.6 days when companies use automated workflow tools to drive their AP processes. How fast can you be?

It doesn’t have to be so hard!

Learn more about automating your AP processes in this free ebook: AP Automation in Five Easy Steps.

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How would I use this?

• Play during a sales presentation
• Show during a webinar
• Educate your end user

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Learn more about AP and ECM