AP Automation: The key to unlocking rapid business growth
We are currently in a space that is constantly changing, from new government guidance regulations and standards being put in place.
Whether it is supermarkets adopting self-service checkouts to lower headcount and reduce wait times, or car manufacturers installing advanced robots on assembly lines, to administrative functions implementing software to reduce back-office costs and optimise productivity – automation is everywhere, and the finance function is no exception.
In fact, financial automation is fast becoming a key priority for businesses of all sizes. Increasing numbers of businesses are seeing the benefits of automating their accounts payable functions, with benefits including increased accuracy and time saved.
With such an emphasis now on ESG – environmental, social and corporate governance – going entirely paper-free is an obviously attractive proposition for a company in terms of social responsibility as well as improving the bottom line.
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