The Importance of High Capture Rates in AP Automation

What’s the importance of high capture rates in automation? If you cannot achieve the highest possible capture rates you will find that any automation project will struggle to really give the benefits you could have achieved. Ensuring that you catch as much data as possible, with as little human input, allows you to generate far

Why Won’t Suppliers Adopt E-Invoicing? The Truth

The truth about electronic invoicing? There is no “one size fits all” answer. An EDI feed is simply unrealistic for many companies. Asking suppliers to change for your benefit… that’s a hard ask. You have to show them a benefit too. According to Billentis, 90% of all invoices globally were still processed manually… Yes, 90%

If AP Ain’t Broke, Don’t Fix It… Or Should We?

It seems that a culture has emerged of “If AP ain’t broke, don’t fix it”. This is not specific to any level of a business, generation, or gender. Instead this idea seems to be reinforced by professionals who can’t see the benefits to automating accounts payable, when compared to a completely manual process. Whilst keeping

5 Biggest Mistakes in Accounts Payable and How to Fix Them

I have spoken to countless Accounts Payable and Finance professionals in my time, hearing horror stories about how they process invoices and make payments. In this article I have picked my top 5 favourite answers to the question “So how do you currently process your supplier invoices?” and what my response would be. 1. We