How To Have A Lean, Efficient Payables Process [Infographic]

April 9, 2013 Taulia Design

While writing this blog post, I learned a lot about the inefficienies of the current process and why electronic invoicing and supplier self services are so important. For example, I was shocked that the cost of processing a paper invoice was so high ($15!) compared to the cost of eInvoicing. And I can't get over that only 12% of invoices in the U.S. offer early payment discounts; folks are missing out on saving so much money!

invoice_visibility_infographic.jpg 

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