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Using Automation to End Invoice and Spending Frustration

1reports1reporting sources2022-07-18Update

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Processing out-of-system invoices is costly and can lead to late payments and missed supplier discounts. The cited 505% five-year ROI figure gives finance teams a quantified basis for making the case for automation investment to management.

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7月18日
  1. SAP Concur Blog
    Using Automation to End Invoice and Spending Frustration

    A SAP Concur blog post notes that invoices from outside the procurement system and supplier network, such as catering and marketing printing, are hard to capture and bring into compliance. It recommends technology that includes pre-spend authorizations, automatically captures invoices, matches purchase orders, receipts, and invoices, and flows data into accounting systems. The post also states that organizations running SAP Concur Invoice earn a 505% ROI over five years.