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By implementing spend management software, businesses can streamline their spending processes and maximize the value obtained from their expenditures. This is achieved by integrating all activities related to sourcing, contracting, purchasing, supplier management, invoiceprocessing, and payments. Sources: [link] [link] 7.
While it offers a comprehensive suite of services, its accounts payable (AP) automation solution, Flow , leverages advanced machine learning, intelligent OCR, and no-code customization to help businesses of all sizes streamline their entire procure-to-pay lifecycle. GL Coding 4 4 Reporting and analytics 3.5 Automated workflows 4.5
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