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White Paper "4 Reasons Organizations are Taking an End-to-End Approach to AP Automation" by the Institute of Finance & Management |
www.ciis.canon.com |
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For too long, accounts payable (AP) has suffered from high
paper volumes, manual keying and routing, fragmented systems and processes, and
cost-prohibitive approaches to automation.
Some 56.6 percent of respondents to IOFM’s 2015 AP Technology Survey say their organization processes less than 6 percent of its invoices straight-through. Not surprisingly, organizations are planning to deploy technology to digitize paper invoices and extract and validate data from all invoices. |
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