Solving the Paper Problem - Part 1

According to a report by the Association for Information and Image Management (AIIM), to this day 23 percent of businesses do not utilize paper-free processes. Additionally, only 29 percent of mid-sized companies have gone completely paperless. AIIM’s 2014 report “Automating AP/AR Financial Processes” found that 50 percent of organizations have not deployed an automated accounts payable system. That’s a lot of paper circulating through AP departments! And all of this paper creates unnecessary costs, disorganization and decreased efficiency within departments, especially AP, AR and HR.