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Whitepaper: Are You Running Your Business with Antiquated AP?
“Every month, we issue hundreds of checks, and the resources needed to review, produce, mail, and reconcile those payments is a huge burden—it is also an antiquated, expensive process fraught with risk at every step.” -– Ed Mis, VP of Finance, Apnea Care, Williamsville, New York
The Ed Mis story at Apnea Care is not unique. This scenario plays out every day in the AP departments of hundreds of thousands of US businesses. For these businesses, the basic tasks of processing invoices and making payments are significantly out-of-date, having not yet benefited from advances in technology.
Everyday AP is an arduous process. It involves receiving and manually keying data from paper invoices, chasing approvals through e-mail and phone calls, printing paper checks to pay vendors, manually collating checks with printed invoices and purchase orders, tracking down CFOs for signatures, stuffing envelopes, applying postage, and finally, delivering the resulting stack of payments to the local post office.
Controllers, CFOs, and CEOs often don’t realize that they can manage AP processes better. But they can; and so can you!
Download our new whitepaper and learn how you can modernize your AP department without the expense, hassle, and—price tag—of most AP solutions.
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