MSDynamicsWorld.com

The need for AP and payment automation was born from labor-intensive manual processes that involved a lot of paper and an astonishing lack of visibility into invoice processing and payment. Quite simply, the bills don’t get paid on time and invoices get lost along the way. Oftentimes, even though the AP and finance departments suffered from tedious, paper-based processes, businesses still wouldn’t look to automation. This is because automation was considered a luxury that most believed wasn’t a necessity for their business – due to company size, budget, or resources. However, as technology advances and work environments shift, automation has become a necessity.