If you struggle with how to manage accounts payable effectively, you’re not alone. 77% of invoices received by companies are in a paper-based format. But this manual accounts payable management leads to transcription errors, decentralized data, and the inability to quickly and accurately report on cash flow.
Plus, it costs an average of $13.50 to process one paper invoice, these inefficiencies are affecting your bottom line. With these costs, your company can’t afford not to move to an automated accounts payable management system. Read this eBook to learn about how you can save valuable time and reduce invoice processing costs by up to 70% through cloud-based automation with SAP Concur.