Remove 2018 Remove Expense Reports Remove Invoice Processing
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7 Steps to Automate your Accounts Payable

Nanonets

Lost Productivity:  The average invoice processing time in a manual environment can reach as high as 45 days. 💡 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.

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What is AP Automation?

Nanonets

Schedule a Demo Flow by Nanonets: Automate your Account Payable Process Benefits of AP automation Automation is being seen as the only way toward improved services, and efficiency in financial processes. These costs, when added up, can significantly impact the overall cost-effectiveness of the AP process.

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