Reactive vs. Proactive Accounts Payable

Tasks required to process and pay invoices have traditionally been painfully manual, including keying invoice data into an accounting system, emailing/handing off invoices for approvals, and mailing paper checks. At one point in time, there was no other way to get the bills paid. But those days are gone; or at least they should be. B2B payments have been disrupted by accounts payable automation technology that streamlines the end-to-end vendor payment process, improving operational efficiency by 60%. Here is a direct comparison between the old and the new:

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reactive vs proactive ap