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Idea from Chris Diamond E.

Title

Ways to Automate Your Firm’s Accounts Payable Process

Summary

Since the accounts payable process is not a revenue-generating task, many firms relegate it to the background and try to save costs by using a manual model. Business owners and managers would prefer to spend their time trying to come up with ways of cutting operating expenses, reducing production costs and increasing revenue. This article will focus on the benefits of automating one’s accounts payable process with emphasis on data accuracy, improved visibility and transparency of transactions.

Author

Chris Diamond E.

Industry Category

Find writers and ideas in Finance

Keywords

  • Account payable
  • automation
  • financial services
  • accounting department