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Accelerate Invoice Processing: Best Practices
Over 10 percent of all invoices produced in 2011 were electronic, and this number is expected to continue to grow. Not only with these changes benefit the environment, they will also lower the costs of processing. The average cost of processing an invoice using automated invoice capture is $3.38 compared with $7.76 for paper invoice processes.
Consult this helpful resource to compare more factors of manual invoice versus AP automation. Follow the timeline from when the invoice is first received to when it's sent for payment by consulting this resource now. You will also receive a hard copy of the poster by mail for your review.