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Companies are implementing spend automation to attract talented staff, reduce compliance problems and scale integral back-office operations. The less opportunity for human intervention, the better a company’s accounts payable processing will align with internal fraud-prevention guidelines.
INCLUDED IN THIS TRENDLINE
- Prioritizing AR innovation can help CFOs weather recession: study
- SoftBank CFO advises automation over bloated finance teams
- Manual AP systems cost companies up to $20 per invoice to process
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