In the modern digital world, relying on any (even partly) paper-based or manual processes can hinder your AP function and increase risk, particularly when it comes to managing your day-to-day cashflow.

It also means that your teams spend valuable time on tactical tasks such as invoice data entry, investigating errors, exception handling and responding to supplier queries. Which leaves them with less time to spend on more value-adding activities such as supplier relationships, spend analysis and risk mitigation.

AP is core to the financial operations of any organisation. And that is the primary reason that optimising AP through automation is key to competing successfully in a digitised world.

Turn AP into a strategic function

Automation has transformed AP from a cost centre into a value engine by minimising manual effort and improving productivity – thereby reducing the cost of processing invoices. Once your manual payables processes have been reliably automated and streamlined, and the automation level is as close to 100% as possible, AP can be a true strategic function, contributing to outcomes in brand new ways.