Small Steps: The Key to Accounts Payable Automation
This SAP Concur blog post argues that accounts payable (AP) automation doesn't have to be a big-bang project. Companies can start from their current state and take small steps to gradually transition to full automation. The article outlines three common stages: manual paper-based processes, some automation, and full automation. Benefits include greater visibility into spend, improved payment strategy, faster reimbursements, and better cash flow.
Impact and considerations
For corporate finance teams, AP automation improves efficiency, compliance, and cash flow, making it a key part of digital transformation.
Key points
- AP automation can be implemented in stages, transitioning from manual processes to full automation.
- Automation increases spend visibility, improves payment strategy, and speeds up reimbursements.
- Full automation can handle about 75-80% of AP transactions, freeing up team time for higher-value work.
Sources and time
- Primary source
- SAP Concur
- Other sources
- 0
- First source publication
- 9 Jul 2022, 00:16
- Page published
- 14 Aug 2026, 08:32
- Last updated
- 9 Jul 2022, 00:16
- Original links
- SAP Concur Blog：Small Steps: The Key to Accounts Payable Automation (opens in a new tab)Primary source · en · Published 9 Jul 2022, 00:16