A Look at Current Accounts Payable Operations, Challenges, Visibility and Control
Accounts payable (AP) organizations invest hundreds of thousands of dollars in enterprise technology to improve the efficiency and accuracy of their operations. Yet even with these investments, AP operations are still plagued by challenges that lead to errors and delays across the procure-to-pay cycle.
To better understand the sources of these challenges and what invoice processing looks like today, Hyland surveyed 200 AP professionals from multiple industries across the United States. The results reveal that two attributes, visibility and control, can significantly affect AP performance.
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