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ACH transfers, or payments made through the Automated Clearing House network, account for billions of dollars in payments annually. The average consumer commonly uses the ACH network for automated bill payments and larger transactions. Regulation E also provides consumers with dispute and errorresolution rights.
We'll walk you through the invoice validation process, explore common challenges faced by AP teams, and provide practical strategies to streamline your workflow. We'll also delve into how automation can help you move closer to that 3-day benchmark. This leads to an increase in the cost and time to process a single invoice.
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