The AP Automation Scorecard Is it time for you to invest in Accounts Payable automation?

Take this quiz to see if AP automation is right for your business.
Once you have finished, your results will depict whether AP automation is a “must-have” or a “nice-to-have”.

Start quiz

How many invoices do you receive per month?

How many payments do you make per month?

What is the percentage of invoices you currently pay by check?

Time between receiving an invoice to visibility in your Accounting Software?

Number of full-time equivalent (FTE*) AP staff

*Two employees who spend half their time on AP would be one FTE.

Calculating Score

Not Critical Very Critical

See your result details

Print

Is AP Automation right for your business?

AP Automation may not be right for you,
but that does not mean you cannot make improvements to your existing AP processes.


A simple, robust Bill Pay solution is a great way to streamline and secure your payments process. Make sure to avoid using a Bill Pay solution that is tailored for businesses as the cost to maintain custom solutions may be high.

Is AP Automation right for your business?

AP Automation is a step in the right direction.
It is important that you weigh the cost and benefits of each solution as many AP Automation solutions are expensive and can actually disrupt existing processes.


Look for a complete end-to-end solution that automates all four phases of invoice and payment processing and has seamless integration in your accounting platform and bank.

By processing and paying one invoice, your organization spends between $10 and $15 on materials, time and processing fees.

  • For 100 invoices a month at $12.50, your organization is spending $15,000 on processing and paying invoices.

By paying more than 50% of your invoices by checks, your organization should be:

  • Taking advantage of an automated AP solution that does not use intermediary accounts.
  • Looking for a solution that synchronizes with your bank.
  • Paying vendors via virtual cards to gain rebates.

Is AP Automation right for your business?

Your current process is manual, very costly, and keeping your team from operating at full potential.
​A​ccounts payable professionals​ can save an average of 60% of their time by automating invoice and payment processing​.


Look for a complete end-to-end solution that automates all four phases of invoice and payment processing and has seamless integration in your accounting platform and bank.

By processing and paying one invoice, your organization spends between $10 and $15 on materials, time and processing fees.

  • By processing and paying 100 invoices a month at $12.50, your organization is spending $15,000.
  • By processing and paying 500 invoices a month at $12.50, your organization is spending $75,000.

If you are paying more than 50% of your invoices by checks, your organization should be:

  • Taking advantage of an automated AP solution that does not use intermediary accounts.
  • Looking for a solution that synchronizes with your bank.

If you would like to learn more, please fill out the form below: