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2: AP automation is too hard to implement and takes too long Many AP managers and controllers are concerned about learning how to use new financialsoftware. Finance teams don’t have to buy and integrate expensive new hardware or computer servers. AP software providers take care of whatever integration work is needed.
FreshBooks can categorise transactions based on predefined rules, reducing manual dataentry. One of its standout features is its bank statement extraction capability, which can be used to automatically capture and categorise data from bank statements with high accuracy. High accuracy rates for data extraction 3.
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