White Paper: Five Steps To Automating Accounts Payable

Knowledge and information are the lifeblood of any organization. The effective use of this information can mean the difference between success and failure. This is the case for all departments across your organization, from sales, to customer service, marketing, development, purchasing, and accounts payable.

In today's business climate, business transactions can be thought of as 'conversations,' where information is exchanged as documents, email messages, instant messages, and fax transmissions. Effectively communicating with your customers, partners, and suppliers through any combination of these can be a signifi cant challenge. Therefore, it should be no surprise that companies around the globe struggle to solve this problem without increasing their labor costs.

In the midst of cost constraints and regulatory compliance pressures, accounts payable departments are striving to improve and extend the services they provide for their own organization, increase effi ciency, and enhance business relationships.