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