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4 Pillars to Accounts Payable Automation
With the increase in the number of invoices processed each year, organizations should enable structural changes to move from labour-intensive activities to more capital and technology-intensive activities. In this white paper, we will throw some light on “Four pillars of AP automation”. These steps are nothing but the essential sub-process areas that fuel all AP processes like –
- Supplier master data management
- Electronic invoicing
- Touchless invoice processing
- Discounts management