How many suppliers does your accounts payable (AP) department pay? Have you checked recently how many invoices your AP department has processed manually in the past year? Have you ever added up how much time and effort goes into this lower-value process each year – or estimated the cost of this effort to your business?
The numbers might surprise you – if you’re a small to midsize business (SMB) still using a manual (or partially manual) AP process.
The challenge, of course, is figuring out what cloud solution to use.
Cloud is perfect for SMBs because software is delivered over the Internet as a service, so it’s easy to deploy, affordable with pay-for-what-you-use pricing, and requires no on-site IT management. While functional needs will vary in some areas, there are core AP automation capabilities that every business needs.
Download our Buyer's Guide to help you choosing the right solution for your small to mid size business.