More Productivity, Less Paperwork: How AP Automation Revolutionizes Business Operations with AvidXc…
SAP Concur podcast features Chris Elmore, Chief Evangelist of AvidXchange, discussing the transformative power of AP automation. The conversation notes that although AP automation can increase efficiency, visibility, and control, fewer than 20% of businesses have fully automated AP processes, and 70% of invoice processing is still paper-based. The discussion covers the evolution of the AP profession, automation opportunities, and how to drive change by focusing on mission, purpose, and outcome.
Impact and considerations
AP automation is still in its early stages; companies can overcome resistance by focusing on mission and outcomes, freeing employee time for higher-value work.
Key points
- Fewer than 20% of businesses have fully automated AP processes, and 70% of invoice processing is still paper-based.
- AP automation can increase operational efficiency, visibility, and control while reducing complexity.
- Resistance to change often stems from risk-averse culture and the 'curse of knowledge'.
- Focus on the mission, purpose, and outcome of automation, and invest saved time in higher-value projects.
- Historically, automation (e.g., looms) created more jobs, not fewer.
Sources and time
- Primary source
- SAP Concur
- Other sources
- 0
- First source publication
- 26 Jul 2023, 19:39
- Page published
- 14 Aug 2026, 08:22
- Last updated
- 26 Jul 2023, 19:39
- Original links
- SAP Concur Blog：More Productivity, Less Paperwork: How AP Automation Revolutionizes Business Operations with AvidXchange (opens in a new tab)Primary source · en · Published 26 Jul 2023, 19:39