The average accounts payable (AP) department deals with a variety of issues on a regular basis. Often, these problems are caused by outdated practices — paper-based invoice processing, check writing, manual record-keeping, and the like. If you’re noticing that the issues with your finances are becoming more costly, then it’s time to stop relying on manual AP processes .
What are the top challenges in accounts payable?
Here are some of the most common AP issues that can plague your business.