What's Blocking the Shift to Automated AP Invoice Processes?
SAP Concur discusses barriers to adopting AP invoice automation in financial services, insurance, and real estate, including fear of change, presumed lack of IT expertise, fear of job loss, and security concerns. Automation can improve compliance, efficiency, and free up capital for investment.
Impact and considerations
AP invoice automation helps companies address challenges like compliance, disruption, mobility, and fraud, improving operational efficiency and freeing resources for innovation.
Key points
- AP invoice automation helps address challenges like compliance, disruption, mobility, and fraud.
- Fear of change, presumed lack of IT expertise, fear of job loss, and security concerns are key barriers.
- Automation actually makes AP staff more valuable as they can focus on strategic work.
- According to AMI-Partners, automation helps accounting/finance employees reduce invoice processing time by 16%.
Sources and time
- Primary source
- SAP Concur
- Other sources
- 0
- First source publication
- 29 Jun 2022, 19:47
- Page published
- 15 Aug 2026, 08:31
- Last updated
- 29 Jun 2022, 19:47
- Original links
- SAP Concur Blog：What’s Blocking the Shift to Automated AP Invoice Processes in the Financial Services, Insurance, and Real Estate Industries? (opens in a new tab)Primary source · en · Published 29 Jun 2022, 19:47