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Key facts and figures on the Accounts Payable Automation

We understand that your accounts payable team doesn't want to be bogged down in the paper chase. Get them off the conveyor belt of backlogs!

Manual processes and navigating complex systems are time consuming:

  1. Average accounts payable department spends approximately 14.6 days processing a single invoice manually.

  2. Over 50% of businesses says the primary driver for adopting accounts payable automation is to improve efficiency.

  3. Organisations with automated accounts payable processes experienced 91% faster invoice approval cycle time than those with manual processes.

  4. Automated accounts payable processes have a 88% lower invoice processing cost per invoice than those with manual processes.

Learn how SpendConsole can eliminate manual invoice entries.

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