Many companies are turning to accounts payable (AP) automation solutions like PaperSave to streamline their invoice and document management processes. If you’re on the fence on whether or not you should follow suit, you can start by looking into your company’s needs.

Everyone these days is trying to automate as much as they can. It saves time and effort and streamlines work processes, freeing you and your team to work on problems that need real human ingenuity.

But many small- and medium-sized nonprofits still think affordable automation solutions are out of their reach, technically and fiscally — that advanced automation is only for big players.

Before the rise of mobile devices, field data collection was a tricky task that required numerous different resources. Companies would have to install monitoring and service equipment out in the field, while remote workers would often have to write things down by hand.

Nonprofit organizations deal with many issues on a daily basis, and top among them are handling IOUs and donations. These tasks are repetitive, labor-intensive, and time-consuming. The worst part is that there are multiple steps involved in managing invoices and donations that can overwhelm even the most organized team.

The goal of any accounts payable (AP) department is fairly straightforward: make sure incoming bills and invoices are paid on time to keep business partners happy. Trying to accomplish this manually is a daunting task that severely affects your staff’s productivity and your company’s profitability.

Companies that struggle with inefficient processes often make the mistake of throwing more people at the problem. This results in high human labor costs and errors that severely hinder your company’s performance.

Robotic process automation (RPA) tools eliminate all these issues, as a result, they’ve gained a lot of traction in the business world.

As companies grow, so does the workload for employees. Unlike large corporations with thousands of employees, small- and medium-sized businesses have limited resources and staff to deal with overwhelming workloads while maintaining their competitive edge.

A typical day for Accounts Payable (AP) department involves processing purchase orders, invoices, and other bills the company needs to pay by the end of the month. For startups, handling all this paperwork manually is manageable. But manually driven processes can hold back AP departments, especially the ones in growing businesses.

Document management leaders face a difficult situation. The work they do is highly specialized, to the point that many executives may not understand the full scope of what they do. Something like processing paper invoices feels like a massive inefficiency in the document management world, but an executive sees it as something that takes just a few minutes and not a priority to the business.

Digital transformation has been at the center of many business strategies throughout the past several years.