How can intelligent AP automation lead to faster payments and more discounts?
Whether your invoices come in electronically or on paper, Accounts Payable (AP) automation saves significant time and money. The best systems come with Artificial Intelligence (AI)-aided text recognition, automated workflows, e-forms and digitization as part of a full set of easy-to-use tools to improve productivity across the enterprise. Best of all, automating your accounts payable processes reduces the average cost per invoice from $11.76 to just $5.46 (a 53% cost reduction).
AP Automation Allows Your Accounts Payable Team to:
Reduce operating costs by saving money on every invoice you receive.
Simplify compliance with financial regulations and improve data security.
Intelligently automate invoice verification and approval processes to maximize efficiency.
Here’s What Our Customers Are Saying:
”PaperVision® Forms MagicTM has revolutionized our AP process. We’ve been able to cut our invoice processing time by over 75%! We’re saving the organization money and improving relationships with our business partners.”
~Network Computer Systems Manager, A Manufacturing Company
“The time it takes us to process invoices has been reduced by 57%. We can now spend less time on accounts payable processing and more time providing the support our facilities really need.”
~Tyler R. Nelson, Cash Manager and AP Supervisor
“After implementing PaperVision® Enterprise WorkFlow and ImageSilo®, we have accelerated accounts payable (AP) processes, improved compliance by as much as 70%, and saved $132,000 annually.”
~Director of Shared Services, A Manufacturing Company
