AP Invoice automation: a steppingstone towards a paperless office
In order to stay competitive, businesses need to constantly strive to increase efficiency, quality and security. Reducing the number of paper-based processes is generally regarded as a best practice and can be considered as an enabler to achieving these goals.
Despite the huge advances in technology and the burden that paper-based processes place on many organizations, it is a harsh reality that in many companies the three-decade old dream of the paperless office is still a distant reality. Even a paper-light office, as a more attainable short term goal, seems out of reach for many.
Disadvantages of paper based processes
The biggest issue with paper-based processes is the cost they bear on the company. These costs can take many forms. Let us consider some of the most apparent ones.
Starting your paperless journey with AP invoice automation
For many companies, invoices are the most common type of business document. Depending on the size of your company and the number of vendors you do business with, this could vary between hundreds to thousands of invoices every month.
The paperless office
Once paper has been eliminated from the AP process, one may quickly start to recognize opportunities to eliminate paper from other processes too. Some of the technology already implemented in your journey with automating the AP process may even be supporting a quick application to other areas.
The AMP Intelligent Invoice processing solution offers SAP companies an easy way to benefit from AP invoice automation and will help your company benefit from eliminating paper from the AP process. If you would like to learn more please follow the link to see what AMP Invoicemanagement can do for your company.
Discover how you can eliminate paper from the AP process