Does your company desire to achieve higher revenue and faster growth? Of course, all companies have that in common. The real questions is how does your Account Payable department contribute to that goal?
According to market research firm IDC, companies lose 20-30% in revenue every year due to inefficiencies. Costs quickly add up when invoices are processed slowly.
In early June, we hosted a webinar with AvidXchange in which we covered ways AP automation can help your company grow. You can view the webinar below.
In the webinar, we covered:
- Common pains associated with manual AP process
- Importance of finding an ERP-integrated solution
- How to reduce processing time with greater control.
- Importance of standardizing process workflows
- How to improve visibility across departments
If you have questions about how AP Automation can help your organization, or would like to set up a personalized demo with AvidXchange, please reach out to your account rep or email firstname.lastname@example.org.