How To Choose and Implement The Right Automated AP Solution

By Hayley Parks | 23rd August 2021

The world of Accounts Payable is changing.

The 2020 pandemic saw 88% of global businesses having to rapidly shift their teams over to remote work operations. It required finance leaders to take a fresh look at the tools and processes they’re using to manage and control finances - including the crucial roles of invoice processing and accounts payable (AP) management.

As more accounts payable teams work remotely, fundamental problems caused by traditional manual, paper-based approaches have been brought to the forefront.

A survey by the Association of Certified Accounts Payable Professionals (ACAPP) identified the top two challenges facing AP teams:

Invoice expectations causing delays (78%)
Too much manual data entry (72%)

To tackle these limitations, Finance Directors are turning to digital solutions and automating the process for a more agile and remote-friendly operation.

So how do you choose and implement the best automated AP solution for your business? Let’s take a look.

This guide covers: