Moving away from the invoice black hole

The article notes that manual invoice processing often involves paper handling, convoluted workflows and unreliable storage, creating an 'invoice black hole.' Invoice automation captures invoice data, routes it to approvers via custom rules and workflows, and schedules payments, reducing manual touches, avoiding late fees, and flagging discrepancies before payment through two- and three-way matching. Cloud-based solutions require no expensive software installation and can scale with the company.