Frequently Asked Questions

Today's accounts payable automation is an evolutionary leap over the systems of just a decade ago. As technology changes, some organizations choose to keep their legacy systems, some choose to upgrade their existing systems, and some elect to augment or replace their old systems. This morphing process can lead to discord...

Automating certain aspects of the accounts payable function entered the business mainstream long before artificial intelligence became a vital component of efficient AP processing. As artificial intelligence increases in scope and usefulness, it is enhancing AP automation in numerous ways. Savings in Time AI data capture scans incoming invoices, intelligently identifying the...

The operational benefit of AP automation is obvious; it enables organizations to streamline tedious legacy workflows, saving time and money while increasing accuracy and security. Just as vital, perhaps even more so, is the workplace experience benefit. By implementing automated AP, employees are offered the opportunity to engage in higher...

The Accounts Payable function of any organization is complex. Trading partners employ a wide variety of invoicing and preferred payment processes, requiring your AP department to address a considerable number of possible situations. The larger your organization, the more varied and complicated the AP processes inevitably become. If your organization...

Accounts Payable (AP) automation takes advantage of technology to streamline accounting functions, eliminating or minimizing manual tasks and enabling enhanced transparency and visibility into financial data. Overview Accounts Payable is the formal business term for the money owed by an organization to its suppliers, vendors, partners, and any other entity outside of...