Accounts Payable errors are costly and can take time to fix. Manually inputting invoice data and passing hard copies of invoices between teams often introduces data inaccuracy, delayed responses, and lack of visibility. Without a clear and accurate overview, invoices can be left unprocessed, payments can be missed, duplicated, or incorrectly processed.
AP automation handles verification and alerts you to any discrepancies such as duplications or illegitimate invoices, making it easier to identify and correct any issues before they escalate. With one centralised, searchable repository and an overview of the complete audit trail process, your team can quickly cross-check when an invoice was recorded, where it is now and who accessed it last. This significantly reduces auditing time and eliminates most inquiries, as employees, finance, and suppliers have self-service access to invoice and payment status.