Business Account Payable Processes That Require Automation
There are so many tasks and processes carried out in institutions that require automation. The accounts payable or AP department carries out all automation regarding invoices and cash flow. They check to ensure that the invoices are properly sorted, approved, and processed. This sounds like a straight and easy task, but there is more to it.
Every business has its policies and mode of operation, so the accounting regulations may differ from business to business. For smaller businesses, invoices may be sorted manually, but for medium to larger businesses, AP automation is required. The large number of invoices that come …