Accounts payable teams often deal with a constant stream of invoice and expense processing, research, and corrections. Imagine what these teams could achieve if freed from error-prone manual tasks better suited for software.

AP automation transforms your accounts payable process by upgrading your team’s role from repetitive mechanical tasks to a center of value creation. The key is choosing a comprehensive automation solution that handles the routine work, allowing your team to focus on higher-value tasks and produce better results.

How does automation work in accounts payable?

Automating an organization’s accounts payable system streamlines processes and significantly reduces manual labor and errors. From procurement (procure to pay or P2P) to payment, automation sets up procedures for routing purchase approvals, transmitting orders, approving supplier invoices, managing vendor information, and assisting with month-end close activities.

Automation supports digital transformation by using OCR data capture to convert paper invoices and streamline the entire business process, eliminating paper-based tasks. It can also generate aging reports, vendor analysis reports, and payment history records. By automating accounts payable, organizations save time and money, increase accuracy, and free up team members for more strategic tasks.

AP automation optimizes your organization’s accounting function, resulting in more savings, better efficiency, faster processing, and fewer mistakes. It allows your team to focus on creating value in other business areas. With a robust solution like Order.co, organizations can manage the entire procurement process from request to fulfillment to payment, removing repetitive tasks and enhancing daily operations within finance.