Touchless invoice processing is the objective for many corporations, but only a few have actually managed to achieve it. A majority of businesses are still struggling to turn their accounts payable around due to gaps in knowledge and execution throughout the purchase-to-pay process.
This white paper will provide valuable insights for any company aiming for world-class efficiency within their accounts payable function. It offers essential perspectives to consider when transforming the traditional departmental approach to accounts payable, into a modern cross-functional approach. In this paper, we are highlighting some of the key complexities faced when trying to increase invoice automation, and to combine various types of purchasing into one unified model for invoice processing.