Remove Payment Reconciliation Remove Processing Costs Remove User Authentication
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What is Accounts Payable (AP) Automation?

Nanonets

Approval: Cumbersome approval process with challenges in providing context to approvers, tracking invoice status and ensuring timely authorizations. Payments: Difficulty in managing multiple payment terms, schedules and currencies while ensuring timely payments. Is training required for staff to use automated systems?

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Paperless accounts payable: An implementation guide

Nanonets

Let's say you process 10,000 invoices monthly at $10 each. Now consider this: roughly a third of businesses surveyed were able to reduce invoice processing costs even more: a whopping 50%. Reduce costs? A shorter processing time can indicate a more efficient process. Impressive, right?