Accounts payable (AP), when carried out manually through paper-driven processes, remains a cumbersome and time-consuming process for many organizations. To maintain a competitive advantage, companies of all sizes are now turning to AP automation.
With a myriad of AP automation software options available in the market, it can be challenging to determine which features you actually need, or those that will bring the most benefit to your organization. Download the listicle to find out the 5 core components of AP automation, as well as insights on:
- How each component brings value to organizations
- The end users that benefit the most from each software feature
- The importance of each component according to the 2020 Levvel Research Payable Insights Report
Leveraging these features of automation puts your AP department in a prime position to increase efficiency, reduce departmental costs and drive organizational growth.