ore businesses are focusing on ways to increase their profit margins and net incomes. One strategy for accomplishing these goals may surprise some people: Accounts Payable automation. The departmental benefits of accounts payable automation are well-documented:
- Lower costs
- Improved staff productivity
- Fewer errors
- Faster cycle times
- Better visibility
But automating Accounts Payable with document management technology also provides strategic benefits to: accounting, purchasing, management, and information technology.