The ability to automate and efficiently manage accounts payable invoices can improve employee utilization, cut operating costs and enable more efficient use of cash. According to studies conducted by the International Association of Accounts Payables Professionals (IAPP), the cost to process an invoice manually can range from $15 to $30 or even more. And a recent Aberdeen study revealed that automating the accounts payables process reduced that operating cost by as much as 91 percent.
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