Process Automation for Accounts Payable

As organizations seek to reduce costs and improve efficiency, paper-intensive processes such as accounts payable (A/P) invoice processing are likely candidates for automation. At many companies, A/P processes are still largely manual and paper-intensive. When the volume of invoices increases, these manual procedures start to show their limitations. While some firms have automated portions of the A/P process by receiving invoices electronically via electronic data interchange (EDI), typically many manual validation and approval steps remain. 

This paper explains how finance officers and line-of-business managers can transform accounts payable processes through automation.

Included in this white paper:

• The need for better cash management
• Automating accounts payable
• How Texas Industries deployed an automated A/P solution