Benefits of Workflow Automation in the Accounts Payable Department

If your Accounts Payable department is still on a paper system, chances are your workflow could be optimized. Automating the AP process is one of the first steps in improving overall company efficiency.

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7 Ways Workflow Automation Saves You Time and Money

Manual invoicing is a costly method that can eat into your bottom line. It can be intimidating to consider more modern ways of processing invoices as it can seem disruptive to workflow. However, by finding efficient ways to manage your invoicing process you will improve quality and have better control over how things are handled. In fact, the average company spends $25 for each invoice using a manual system and 5-to-15 days for processing. Workflow automation does not just speed up the process.

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Automated Mailrooms: The Future of Document Handling and Business Communications

It may come as a surprise to some, but even when email has replaced much of business communication in the digital age, mailrooms continue to experience high volumes of traffic as hard copy mail and packages remain at the center of business workflows. Without a doubt, the manual receiving, opening, sorting and distribution of mail can be a tedious, time-consuming process that can cause communication delays and bottlenecks, all of which are costly to any business.

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Digital Document Management For a Paperless Office: How to Get Started

If you’re thinking of making the switch to digital documentation, you’re probably aware that there are many benefits to establishing a paperless office. These benefits include reduced storage space, easier document retrieval, and enhanced security. But before converting all your paperwork to electronic formats, it’s important to know which documents are worth digitizing. Although every company’s needs will differ, there are some factors you should keep in mind when going paperless.

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Your Complete Guide to Accounts Payable, Accounts Receivable and Expense Report Automation

The future of business is automation, and that includes the day-to-day processes that streamline operations and achieve financial health. In-house accountants and external audit firms know all about the struggle to balance the books and report a healthy financial statement. But in a high-volume business environment with fast cash inflow and outflow, you’ll need an automated system that manages accounts payable, accounts receivable, and expense reports, so you can focus on generating revenue for growing your enterprise.

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