SAP Concur Releases AP Automation Selection Checklist
SAP Concur released a checklist for selecting accounts payable automation solutions, noting that manual invoice capture, auditing, routing, approval and payment steps are error-prone and time-consuming. Amid economic uncertainty, fully automating AP processes can improve efficiency and spending visibility. The checklist advises evaluating whether solutions can automatically match purchase orders, invoices and payments, use AI and machine learning for accuracy, and provide a near-real-time cash flow view.
Impact and considerations
AP automation directly affects cash flow management, vendor relationships and compliance costs, giving finance and procurement leaders a framework to assess automation gaps in their current processes.
Key points
- Manual AP processes involve error-prone steps including invoice capture, auditing, routing, approval and on-time payment, consuming time and money.
- Amid economic turmoil and tightening budgets, fully automating AP can provide efficiency and insights to help businesses weather disruptions.
- The selection checklist advises evaluating whether solutions can automatically match purchase orders, invoices and payments to uncover problems before vendors are paid.
- The checklist also suggests assessing whether solutions use AI and machine learning to improve accuracy and provide a near-real-time cash flow view.
Sources and time
- Primary source
- SAP Concur
- Other sources
- 0
- First source publication
- 2 Mar 2023, 18:12
- Page published
- 14 Aug 2026, 08:25
- Last updated
- 2 Mar 2023, 18:12
- Original links
- SAP Concur Blog：What Should You Expect from AP Automation? (opens in a new tab)Primary source · en · Published 2 Mar 2023, 18:12