February 26, 2021

DIGITAL CFO ASIA

Transformative Insights for Finance

The Benefits Of Automating Your Invoicing Process

1 min read

The Benefits of Automating Your Invoicing Process

Sponsored by Esker Document Automation
Date: 16 May 2020


How automation impacts invoicing key performance indicators

APQC’s research has consistently show that organisations that leverage automation perform better than those that do not, and invoicing is no exception to this trend. According to APQC’s research, Top-performing organisations invoice 82% of their invoices electronically or automatically.

Automated invoicing provides a simpler and more streamlined invoicing process that benefits organisations and their customers. Through automation, the bottlenecks and errors associated with traditional invoicing are reduced if not eliminated.

With the time-consuming tasks of manual invoice processing eliminated, organisations can:

  • Reduced processing cost
  • Increased productivity and efficiency
  • Decreased payment cycle time
  • Work smarter and faster
  • Greater focus and positive impacts on employees