In 2017, Artsyl Technologies, in partnership with Paystream Advisors, surveyed back-office employees across several industries and market segments to explore the current state of accounts payable — and the opportunity for intelligent process automation, added efficiency, and digital transformation.
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There’s a lot to gain from updating and automating your vendor invoice processing tasks, beyond the efficiency gains from eliminating manual data entry and document handling. See what other businesses say about the intelligent automation technology and processes they rely on, and why it’s so important to ensure process efficiency, transparency and control.
Benchmarking your processes, establishing KPIs for continuous monitoring and management, and defining a Return on Investment (ROI) goal for your ap invoice processing automation solution is a great way to get rolling with ap invoice processing optimization. The next step is to secure executive buy-in and get budget approval for your project.
Read the Artsyl/Paystream Advisor Report “Pitching ROI for Accounts Payable” Report to learn how to align the ROI and value of accounts payable automation with the goals and priorities of your executive team.
While invoice processing automation can lower costs and increase scalability for AP teams, the strategic value of automating paper-based invoice processing is more timely access to business data and greater visibility and control over financial KPIs.
Read the CIO Review Profile of Artsyl Technologies to discover why CIOs view intelligent process automation with advanced capture and AP automation as solutions that are critical to corporate performance.
According to Paystream Advisors, vendor accounts payable automation remains one of the least automated financial processes in most organizations. Watch this video to learn how quickly and easily companies can boost efficiency and process visibility with an intelligent process automation solution to streamline accounts payable, and ultimately achieve ROI in as little as 6 months.
If you’re ready to explore the benefits of an accounts payable automation solution for your organization, contact your Artsyl account executive and schedule a discovery call. Whether you have an existing invoice processing software application that can be leveraged as part of a fully automated process, or you want to explore a completely new set of intelligent process automation tools to manage your AP process, Artsyl can recommend the systems, components and integrations you need to eliminate process bottlenecks, improve process control and visibility, and help you boost your return on investment from intelligent document processing of your critical financial assets.
We can help you to map out your existing processes and identify opportunities to boost efficiency before you explore intelligent process automation. We can help you to define KPIs and goals for optimizing AP invoice processing to help you make the best business case for optimizing accounts payable using digital transformation technologies. And we can work with you to define an implementation timeline to get you up and running quickly to recap your investment.