The tasks required to process and pay invoices have traditionally been painfully manual, including keying invoice data into an accounting system, emailing/handing off invoices for approvals, and mailing paper checks. At one point in time, there was no other way to get the bills paid. But those days are gone; or at least they should be.
B2B payments have been disrupted by accounts payable automation technology that streamlines the end-to-end vendor payment process, improving operational efficiency by 60%. Here is how automating cuts the pain out of AP.