The stagnant economy has made businesses desperate for ways to improve profit margins and net income. One way that businesses can achieve both of these objectives is to automate invoice processing and disbursements with a single system for managing all business spending.

Paper-based and semi-automated invoice processing and disbursements create hidden costs that chip away at profit margins and net income:

• Manual processes
• Processing errors
• Poor cash flow visibility
• Poor spend management
• Too many exceptions
• Onerous regulatory compliance
• Risk of fraud
• Fragmented systems