Accounts Payable Automation – Overview, challenges, benefits, use cases
Industries across the spectrum spend significant amounts of time on manual, labor-intensive accounts payable processes. According to a research report, it takes anywhere between 4 and 16 days to process an invoice from receipt to payment. Incidentally, up to 76% of this process requires manual effort from the Accounts Payable Team. In spite of organizations investing significant […]
Accounts Payable Automation for a Leading Packaging Company.
Synopsis Global manufacturing sectors are experiencing continued growth. However, the historically tight labor market was a potential constraint on the industry’s momentum. Another often-discussed constraint to continuing manufacturing’s momentum has been the ongoing uncertainty in tariffs and their subsequent impact on trade flows. Costs throughout the manufacturing value chain are seemingly impacted every day. […]