The Value of Automating Your AP Process
A SAP Concur blog post discusses the value of automating the accounts payable (AP) process. Citing an AMI-Partners survey of 420 companies across five countries, it finds that automating invoicing delivers significant benefits: savings of more than $34,000 annually ($1,100 for every 100 invoices processed), a 16% reduction in time spent on invoice management, 54% of companies reporting improved analytics, and 46% finding increased employee satisfaction. The article emphasizes that AP solutions should go beyond automation to improve underlying processes and support mobile access.
Impact and considerations
Automating the AP process can deliver quantifiable cost savings and efficiency gains, with direct value for financial operations and spend management.
Key points
- An AMI-Partners survey of 420 companies finds that automating invoicing saves more than $34,000 annually, or $1,100 for every 100 invoices processed.
- Automation reduces time spent on invoice management by 16%.
- 54% of companies report that automation improves analytics.
- 46% of companies find increased employee satisfaction is a key benefit of automated invoicing.
- AP solutions should go beyond automation to improve underlying processes and support mobile access, allowing employees to approve invoices anytime, anywhere.
- Automation can speed up vendor payments, eliminating late fees and bothersome payment calls.
Sources and time
- Primary source
- SAP Concur
- Other sources
- 0
- First source publication
- 29 Jun 2022, 19:47
- Page published
- 14 Aug 2026, 08:36
- Last updated
- 29 Jun 2022, 19:47
- Original links
- SAP Concur Blog：The Value of Automating Your AP Process (opens in a new tab)Primary source · en · Published 29 Jun 2022, 19:47