Finding Revenue From Your Accounts Payable

Backed by the findings of the 2013 Invoice and Workflow Automation Benchmark Report and the 2013 AP Automation Study, smart capture and process automation software provider Kofax says that companies can realize significant savings by optimizing their accounts payable process.

 

"Some companies have seen as much as 83% reduction in incoice approval time after AP automation was implemented," says Kofax, based on a university hospitals case study by research company Mainstay Salire.

 

It is also possible to bring down the cost of processing one invoice from as much as US$16 to just US$3 through optimizatin of the AP process.

 

Click the image below to know more.

 

 

 

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