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Currently Browsing Tag: streamline ap processes

Accounts Payable Pain Points

Category: Blog   |   Tags: , ,

Manual processes create a lot of accounts payable pain points for organizations of all sizes.  In its 2019 Payables Insights Report, Levvel Research found that the top pain points across North American organizations include: Manual data entry and inefficient processes Manual routing of invoices for approvals Lost or missing invoices Majority of invoices received in paper format Lack of visibility into outstanding liabilities High number of discrepancies and exceptions Inability to approve invoices in time to capture discounts Decentralized AP processes Levvel found that organizations eliminate accounts payable pain points by automating their processes to create an invoice environment with … Continue reading

Fix Your Broken AP Processes – Now

Category: Blog   |   Tags: ,

Mitigate risk, increase efficiency and expand business insight by automating AP invoice processing AP Managers and Controllers are never at a loss for things to do. Managing the complex workflow of document management in accounts payable – invoice processing, purchasing, approvals and financial oversight – leaves little room for anything else. Why aren’t more AP Managers taking advantage of AP Automation to help streamline the entire procure to pay process? Many times, the prospect of initiating and implementing such an operational and procedural change is daunting – identifying, researching, vetting and finalizing recommendations for operational innovation and improvement can seem like … Continue reading