Why Automated Invoice Processing
Is a Workflow System Worth it?
The allure of "paperless office," "significant time savings exceeding 80%," "complete automation of processes," and "elimination of manual invoice entry in the ERP system" the benefits offered by workflow management solutions is amazing. Given that accounting departments are frequently viewed as cost centers, they face ongoing demands to enhance efficiency and streamline operations.
Utilizing workflow-supported processing for inbound invoices reduces the manual workload in accounting, resulting in significant efficiency gains. While implementing such a solution may appear straightforward, it entails both costs and effort.
This white paper aims to explore the topic of invoice processing to assist you in making informed decisions for your company. We will outline the direct and indirect costs associated with such a change, providing valuable insights for your decision-making process.
Additionally, we will showcase methods for identifying potential savings and highlight the various benefits that workflow-supported invoice processing can offer, including those that may not have been initially anticipated.
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