Maximizing data security with AP automation

Even in the middle of the coronavirus crisis, cybercriminals and fraudsters remained persistent, attacking organizations already reeling from the effects of the pandemic. The level of danger they pose isn’t likely to change in 2021, so it’s high time you invest in solutions that benefit or augment your business data’s security.

Why you should reduce reliance on paper-based AP processes

Good document organization is vital to your business’s productivity. If your company is not properly organized, paperwork can be misplaced, tasks can pile up, and you can lose valuable time that could’ve been used for more productive tasks.

The problem with paper-based processes
Despite the availability of digital solutions such as accounts payable (AP) automation, many businesses still rely on paper-based processes.

Comparing paper-based and paperless invoice processing

Electronic invoices are superior to traditional paper invoices in many ways. They improve the speed and security of your invoice management process and are much cheaper to use than their paper-based counterparts. To give you a better understanding of the benefits of paperless invoice processing, this blog will discuss the solution and how it compares with using paper documents.

How AP automation improves B2B payments

Accounts payable (AP) processes have always involved manual processes such as invoice and document encoding. These not only take a lot of time to finish, but they are also highly prone to errors. The good news is that businesses can take advantage of today's technology to streamline repetitive and tedious tasks, such as B2B payments.