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Is Accounts Payable Automation a Good Investment?

NextProcess

Automating AP Saves Money Reduce Per-invoice Cost In a report from May 2012, the Aberdeen Group indicated that organizations can save upwards of $40,000 for every 10,000 invoices by streamlining their AP process. For invoices linked to purchase orders that are already in the system, the software can typically process them within 12 hours.

article thumbnail

Is Accounts Payable Automation a Good Investment?

NextProcess

Automating AP Saves Money Reduce Per-invoice Cost In a report from May 2012, the Aberdeen Group indicated that organizations can save upwards of $40,000 for every 10,000 invoices by streamlining their AP process. For invoices linked to purchase orders that are already in the system, the software can typically process them within 12 hours.

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The top 15 spend management software in 2023

Nanonets

The platform accommodates complex business processes such as multi-subsidiaries and purchase orders, bringing efficiency to even the most intricate accounting needs. SAP Ariba Ariba  became part of SAP in 2012. Sources: [link] [link] 5. Cons of Center®: Limited to serving North American-based businesses.