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Inefficient processes and fraud within accounts payable can be a drain on a company’s time and money. On the other hand, AP can foster beneficial vendor relationships, improve accounting processes, increase cash flow and generate additional revenue. The difference lies in the priorities set by the AP team.View Whitepapers
Businesses now face increasing fraud risk, creating significant challenges for accounts payable teams. Last year, 78% of businesses were negatively impacted by payments fraud and suffered from financial losses, reductions in efficiency, and damage to corporate brand image.View Whitepapers