McLean, VA (PRWEB) May 22, 2013
Corcentric, a leading provider of Accounts Payable automation and electronic invoicing solutions, uses this week’s blog to show how many days it takes companies to process invoices, based on their adoption of invoice approval automation.
By comparing best in class companies with those lagging far behind in the AP automation process, Corcentric exposes a staggering 75% difference between the two when it comes to days to process an invoice. And when you figure in cost per invoice, the differences are even more apparent.
The blog further explains that the high upfront costs of implementing electronic invoicing and AP automation can be virtually eliminated by using a SaaS provider for AP processing and workflow.
The Corcentric blog is a knowledge center for accounts payable professionals to explore automation best practices along with the latest trends and news in financial process automation.
Join Corcentric’s community at http://blog.corcentric.com.
For more than 15 years, Corcentric’s cloud-based financial process automation solutions have revolutionized how the world’s largest organizations manage and protect their financial assets. By connecting best practices with deep expertise, Corcentric’s ground-breaking Accounts Payable and Accounts Receivable automation solutions have enabled organizations to reduce costs, streamline processes, and provide unmatched visibility executives need to make critical business decisions.
Learn more at http://www.corcentric.com or call 888.525.7677.