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million by 2029, with a compound annual growth rate of 10.8% between 2022 and 2029. Once the invoices are digitized, they can be automatically matched to purchaseorders and routed for approval through an automated workflow. What is Accounts payable automation or AP automation?
million by 2029, with a compound annual growth rate of 10.8% between 2022 and 2029. This way, AP automation software can retrieve data such as invoices and purchaseorders from other accounting systems, process them and then update the information in the external accounting platform. Automatically flag discrepancies.
billion by 2029 with a 16.8% Nanonets integrate with Xero, Quickbooks, SAP, etc. OCR Templates & Custom OCR Models: With Nanonets, you can use pre-defined workflows like invoices, bills of lading, purchaseorders, or accounts payable or create your own custom AI mode. billion by 2029. document scan.
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