Digital Transformation and the Invoice

Digital Transformation and The Invoice

This blog with look at digital transformation and the invoice. Digital transformation is of high importance for organizations. A recent study found that 89% of organizations have plans to adopt digital-first business, however only 44% have fully adopted that approach. Compounding this is the fact that the finance department is one often on of the laggards with digital transformation. There are organizations that are championing digital transformation and finance like FEI. One of the areas that may be ripe for your organization is digital transformation and the invoice.
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The Future of AP Software Solutions

The future of AP software solutions is here. There are significant benefits for organizations to use AP Software Solutions. As an example, a recent study by the United States Treasury has estimated that by implementing e-invoicing across all federal government agencies, it could help cut costs by 50% for an annual savings of $450 Million. Right now Latin America countries are amoung the leaders in embracing invoice digitization. Here are a few of the themes that are driving the future of AP software solutions.
 
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6 Benefits of AP Software

AP software is a great way to help an organization as well as the Accounts Payable Department. The AP Department is the ultimate cost centre as it doesn’t generate revenue and it actually pays all or most of the costs. AP software can help the Accounts Payable department and also help many other parts of the business. Here are some benefits of using AP Software:
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