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Question of the Week: We have small company and we process on average 100 invoice per month. Should we automate?

Automating your accounts payable process makes the most sense if,

  • You process > 100 invoices and payments per month
  • You need to expand your team to keep up with volume or have trouble finding/keeping good people to do AP
  • Your team is struggling to find time to do other tasks
  • Your approval process is inefficient and disjointed due to multiple locations
  • You’re unclear if your process is as secure as it should be

Sounds like you should automate your accounts payable workflow based on your volume!

You can also complete this quick quiz to see how critical it is on your business to automate. Here is a link to get started: https://www.mineraltree.com/resources/ap-automation-scorecard/

Have a question? Email us at question @ mineraltree.com

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