SAP Concur Blog·· 2022-06-29
Is Your AP Process Holding Your Business Back?
Is Your AP Process Holding Your Business Back?
AI Overview
SAP Concur blog notes 96% of businesses plan to grow, but manual AP processes can be a bottleneck. Finance teams spend 60% of time on day-to-day processes. 41% of finance leaders are concerned about staff productivity; 32% about turnover and low morale. Automation saves a five-person finance team 40 hours per week and $34,000 annually on average. More than two-thirds of finance leaders aren't completely confident their business is protected against fraud.
Source:SAP Concur Blog · concur.com