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Data from Dun & Bradstreet reveal that 93 percent of companies receive late payments and this impacts their ability to reinvest or to meet operational expenses. Manual Errors: Traditional AR and AP processes involve manual dataentry, which is prone to human errors.
How automation saves time and money: Less time on admin tasks You and your team can focus on more value-added activities while invoice preparation, manual reconciliations, and dataentryare automated. In addition, manual dataentry and human errors often create costly mistakes.
BILL, which used to be known as Bill.com, is a financialoperations platform that gives businesses the tools to manage AP, AR, spend, and expense automation all in one place. Customers love the tax compliance features as well as the fact that most APdataentry work is done automatically with Tapalti.
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