2018 Payables Insight Report by PayStream Advisors

Given the many options for improving back-office processes, both in terms of more strategic management and software-based approaches, it can seem overwhelming to begin an automation initiative.

2018 Payables Insight Report by PayStream Advisors

Introduction

Given the many options for improving back-office processes, both in terms of more strategic management and software-based approaches (i.e., automation solutions), it can seem overwhelming to begin an automation initiative. However, the potential barriers to adoption should not keep any organization from beginning the journey of Accounts Payable (AP) and payments process transformation. Automating payables processes is worthwhile because the end results are increased savings, increased efficiency, an improved bottom line, and a greater competitive advantage. No organization should miss out on its chance to achieve those benefits.