Nobody enjoys the drudgery of filling out forms, paying bills and processing invoices manually — yet, according to a recent study1, the average finance worker spends half a day doing just that.
You don’t have to be in the Fortune 500 to benefit from automating your workflows. It makes a big difference, especially for functions like accounts payable, where you scan invoices, press a button and you’re done. An automated system puts information into correct fields for processing so you don’t waste valuable time doing it yourself. After that, the invoices are sent to the finance department for approval if necessary, then they’re on their way to the service provider.
Taking human hands off of documents not only saves time, it reduces the possibility of errors along the way.
It saves you money, too — an AIIM study2 found that two-thirds of businesses adopting paper-free processes reported a payback within 18 months, as well as better audit records, faster response times, improved productivity and better monitoring of process status and workflows.