By The Aberdeen Group

May 14, 2014 Ankita Tyagi

Is your company Best-in-Class or a Laggard when it comes to efficiency in your supply chain?

balance

The difference can be an extra 12 days or $17 of processing each invoice. Think about how many invoices you process each day, week, month--that’s a LOT of time and money wasted!

Buyers and suppliers both want visibility into their cash management position to schedule future payments and production of goods and services, respectively. However, sole reliance on manual invoice management and processing can significantly delay financial updates, obstructing financial visibility.

But how are companies significantly reducing the cost and duration of invoice processing? And what challenges must companies overcome to achieve Best-in-Class status?

It’s not a secret. Find out how automation is driving efficiency.                                               

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