Making the Case for AP Automation at Your Company
A SAP Concur blog post outlines the benefits of accounts payable automation, including reduced manual work, fewer errors, cost savings, and increased efficiency. It cites data: invoice processing time decreased by 82% to 3.1 days, cost per invoice decreased by 80% to $2.78, and invoice exceptions decreased by 59%. The article also provides strategies for pitching automation to management, IT, and finance teams.
Impact and considerations
AP automation can significantly improve finance efficiency, save costs, and enhance cash flow visibility, a key step in digital transformation.
Key points
- AP automation reduces manual entry, lost invoices, and late fees.
- Invoice processing time decreased by 82% to 3.1 days; cost per invoice decreased by 80% to $2.78.
- Automation solutions connect with existing systems without new integrations.
- Present cost savings and ROI data to leadership.
- Emphasize security, compliance, and support to IT.
- Automation improves employee satisfaction by reducing tedious work.
Sources and time
- Primary source
- SAP Concur
- Other sources
- 0
- First source publication
- 11 Jan 2023, 16:59
- Page published
- 14 Aug 2026, 08:27
- Last updated
- 11 Jan 2023, 16:59
- Original links
- SAP Concur Blog：Making the Case for AP Automation at Your Company (opens in a new tab)Primary source · en · Published 11 Jan 2023, 16:59