How Accounts Payable Automation Helps You Survive An Audit
Accounts payable automation is often associated with benefits such as improved efficiency, more visibility into cashflow, automate approval workflows and paperless processes. But often overlooked are the benefits automation can have on your audit.
In this guide, we look into 4 major areas in your audit and the impact of automation;
- Validity for purchases
- Duplicate payments
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On an annual basis, companies waste $550 billion on inefficiencies associated with payments. The process of preparing payments and sending them to vendors is extremely manual. In this paper, we look at how automation technology enables you to optimize your payment […]View Whitepaper