What percentage of supplier invoices can your organization process quickly and without manual intervention? Use this analyst report to design AP workflows that maximize the value of automation.
Read Gartner's recommendations to learn how to introduce or extend AP automation further into your invoice processing. Strongly consider integrating invoice management software with your purchase order system and ERP/accounting suite to drive valuable efficiencies and savings:
- quick and accurate financial coding
- reduced risk of duplicate and late payments
- limited manual intervention and process bottlenecks
- faster cycle times, introducing opportunities to negotiate supplier discounts and other strategic payment terms
Enabling paperless invoice submission is a must for dispersed office locations and remote work. But according to analyst research, while OCR is becoming widespread and more sophisticated, many are still just scratching the surface of automation. Even among companies using a procurement suite, half still haven't implemented a best-of-breed invoice solution, missing out on autonomous capabilities in matching, policy enforcement, and approval/exception routing.
Discover the real ROI of AP automation while you have access to this report:
Success With AP Invoice Automation Requires More Than Paper to Digital
Micky Keck, Kaitlynn Sommers, Balaji Abbabatulla
July 1, 2019
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After all, Chrome River lets business flow.
Chrome River provides expense and invoice automation solutions that let business flow for more than 1,000 organizations worldwide. The company’s easy-to-use, enterprise-scale solutions enable future-readiness for its customers. As a result of this focus on innovation, Chrome River is rated as a Leader in expense management by analyst firm IDC. Chrome River’s commitment to delivering a superior customer journey by creating long-term value for its customers, makes it a preferred choice of CFOs, CIOs, AP teams, travel managers and business travelers. Details on Chrome River’s customers can be found on the company’s web site.
More than 2.5 million users around the world trust Chrome River. To learn more, contact Chrome River at 888-781-0088, or visit chromeriver.com and its social pages on LinkedIn, Facebook, Twitter, and Instagram.