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We’ll also address how automating financialoperations can help nonprofits stay on top of related challenges. According to the Global Business Travel Association , in-person event costs rose 25% between 2019 and 2022. This includes automatic syncing for batch processing and automated payment processing.
Lost Productivity: The average invoiceprocessing time in a manual environment can reach as high as 45 days. Time is of the Essence Now, imagine reducing your invoiceprocessing time by 384%. With a 37% reduction in invoiceprocessing errors , AP Automation brings peace of mind to your operations.
Efficient Invoicing: Many payment solutions, including Invoicera , offer robust invoicing features. This means businesses can easily generate and send professional invoices to clients, keeping track of transactions and ensuring timely payments. This streamlined invoicingprocess contributes to better financial management.
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