"We found that 37% of respondents processed between 500 - 5000 invoices a month, while 35% processed between 5,000 - 50,000."
"37% of respondents stated that they use SAP as their primary ERP."
"Access to cash remains difficult and with average payment terms for almost 30% of organisations being 50 days or more, it's likely that some organisations carry an embedded risk."
In an increasingly digital world there is no room for lost time as a result of bottlenecks, delays with the circulation of paper, lack of visibility or numerous errors and fraud risks linked to a poorly controlled process. Small or large, all companies are faced with these problems.
The digitisation of supplier invoices, and the digitalisation of financial processes propels organisations and businesses towards greater productivity and operational efficiency with a significantly improved image.
Speed of action, transparency of processes and actionable corporate responsibility can all be assisted with cloud based applications and platforms.