Market pressures push AP automation from "nice to have" into "need to have"

Writing checks is expensive, time-consuming, and prone to bottlenecks-after all, the managers who are needed for approvals often are away from their offices.

"Accounts payable is one of most labor-centric areas under finance," says Henry Ijams, vice president of supplier solutions with AvidXchange, a Charlotte, North Carolina-based provider of accounts payable and payment automation solutions. "There are a lot of people pushing paper."

...