Over half of all organizations say that manual accounts payable (AP) processes are inefficient.
Not just that, but 16% of organizations admit that they experience fraud issues associated with manual accounts payable processes.
Rather than struggle with slow, error-prone AP workflows, companies switch to accounts payable automation solutions.
Continue reading “Accounts Payable Automation Examples To Improve Your AP Process”
Finance and accounting professionals play a vital role in driving business growth and strategy, but most businesses underutilize this important resource because their finance teams are bogged down in inefficient finance processes.
With all the technology solutions available today, core tasks including invoicing and expense management can be automated with relative ease, not only reducing inaccuracies and delays but freeing up your finance team to perform more useful – and interesting – work.
Continue reading “How to Improve Finance Processes to Save Time & Money”
Many companies are stuck with old processes when it comes to accounting.
They rely on Excel spreadsheets, sending them from employee to employee to make updates and circulate those changes. They hold steadfast to manual approvals, which can take days, weeks, or months for a simple sign-off from busy executives. And they hold their breath waiting for the inevitable human error to create an accounting minefield.
Needless to say, all of this can hinder growth for companies.
But accounting automation can open the door to a better reality.
Continue reading “4 Easy Steps to Automation of the Accounting Process”