Business Process Outsourcing Blog

Effective managers make a point to critically examine their business processes, always searching for ways to improve. They’re careful not to confuse their company’s habits with industry best practices. Companies that continue to rely on bulky, manual procedures (which may seem perfectly adequate), risk market displacement by those that cut avoidable costs and reinvest the savings.

Did you know that to experience the benefits of accounts payable (AP) automation, you don’t need to dive into a fully-featured solution all at once? Studies show that even automating small pieces of the AP process at a time could still have a significant positive impact on the efficiency of your operations.

Congratulations! You’ve made the smart decision to eliminate invoices and streamline the receipt of your mail and email with a digital mailroom. But what do you do with your documents once they’re digitized and indexed? Don’t worry! That’s where workflow automation comes in.

If you’re looking for a solution to alleviate financial issues caused by manual processing, AP automation is the way to go. Automating your accounts payable process can help you increase efficiency, improve accountability, and simplify compliance, all while saving your company time and money—and these are just a few of the benefits.

It’s tempting to put off technological investments for the back of the house, especially with all of the day-to-day expenses of managing a restaurant. Most owners would rather invest in anything that improves revenue capacity. What owners may not realize is that document scanning and document management software does just that: it enables staff to create more value for the business.

As a manager, you know better than anyone that time is money, efficiency is the name of the game, and all those other clichés about digitizing being the wave of the future. So why is your team still handling accounts payable with the same old paper-heavy processes?

AP automation can quickly transform the way you do business if it is implemented properly based on your business needs and rules. The first step is to identify the specific issues and sticking points that are slowing your AP process down. Once you know exactly what’s going wrong during invoice processing, you can solve the issues and work toward a better, more efficient process.