Remove 2018 Remove Bank Reconciliation Remove Financial Operations
article thumbnail

7 Steps to Automate your Accounts Payable

Nanonets

💡 According to a  2018 Goldman Sachs report , North American B2B businesses spend around $187 billion annually on AP processing, with labor alone accounting for over 90% of direct costs. Automate Reconciliation Processes: Action Steps: 1. Let's go through each step one by one and understand this.