In today’s digital age, businesses are constantly looking for ways to streamline their operations and save costs. One such solution is the adoption of Accounts Payable (AP) automation, which can help companies reduce manual processes and improve efficiency. Here is an example of how a Distribution Company benefited from our AP Automation Software.
CASE STUDY
OVERVIEW: Distribution Company
APPROACH: Looking for a solution that would help them manage 7,500 monthly invoices and would help them automate their AP processes and improve efficiency.
BENEFITS:
- Eliminate manual data entry
- Faster payment processing for early pay discounts
- Digital routing for approval
- Insights into vendor spend
- Posting to their ERP System so they don’t have to rekey data
RESULT: The invoices were processed faster and the payments were made on time. The company’s accounting team was freed up from the time-consuming task of processing invoices, which allowed them to focus on more strategic tasks. The vendors were also happy with the new system, as they were now receiving their payments on time and with greater accuracy.
HOW: Contact CP Digital Office Solutions to learn how to harness the power of AI in your AP processing.
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