SAP Concur: It's Time to Get Your Invoice Process Out of the '80s

A SAP Concur blog post lists five reasons businesses should move past outdated invoice systems: better visibility, reduced costs, less paperwork, increased productivity, and user mobility. It states many CFOs and financial decision makers don't feel they have big-picture visibility into invoicing and office expenses; manual paper-based processes drive up labor costs, with businesses unknowingly throwing away thousands to millions of dollars each year on manual AP steps that could be automated; physical documents are subject to loss, fire, flood, and theft; and mobile and cloud solutions allow invoice processing and approvals via tablets and smartphones, reducing late payments.