The real cost of inefficient accounts payable processing
Current invoicing processes are performed manually, and this method is time-consuming, prone to errors, and challenging to monitor. These issues have a direct impact on the costs related to the process. To address these underlying issues, we need to understand the drawbacks of manual accounts payable processes and their true cost (direct and indirect). In this POV, we will further explore how cloud-based invoicing can reduce manual touchpoints and make your accounting highly efficient.