The strategic outcomes of accounts payable (AP) automation are capturing the attention
of finance and accounting leaders at mid-market companies, and with good reason.
The benefits of AP automation include: capturing payment discounts, eliminating duplicate
payment of invoices, eliminating suboptimal payment methods, improving supplier
relationships, removing errors caused by manual data input, mitigating payments fraud risk
exposure, reducing processing costs by optimizing workflow from supplier onboarding to
invoice payment, and enabling employees involved in the accounts payable process to focus
on more strategic activities.
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