We all know how the workday flies by. For the accounts payable department, after spending hours correcting errors, manually coding invoices, and chasing down approvers, the workday is done. Very little time is spent focusing on the goals and expectations that directly impact the financial future of your organization.
So why are so many businesses reluctant to implement time-saving, cost-cutting AP automation? Common answers include:
- Why fix what’s not broken? The current, proven processes work just fine.
- There’s no budgetary spend for AP automation. It’s a luxury, not a need.
- Not enough volume to justify AP automation. The ROI would be low, if any at all.
- Who has time to learn and implement a new solution?
