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Is Your AP Process Holding Your Business Back?

1reports1reporting sources2022-06-29Update

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Manual AP processes hinder scalability, cash flow visibility, and supplier relationships. Automation can improve efficiency, reduce fraud risk, and support growth.

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6月29日
  1. SAP Concur Blog
    Is Your AP Process Holding Your Business Back?

    SAP Concur blog notes 96% of businesses plan to grow, but manual AP processes can be a bottleneck. Finance teams spend 60% of time on day-to-day processes. 41% of finance leaders are concerned about staff productivity; 32% about turnover and low morale. Automation saves a five-person finance team 40 hours per week and $34,000 annually on average. More than two-thirds of finance leaders aren't completely confident their business is protected against fraud.