Ray tells you that business has grown over the past two years and they’re now processing in excess of 2,000 invoices every month.
Click on Ray to ask him more questions.
What is your current accounts payable process?
How visible isyour cash management plan?
What are your current invoice processing costs?
It’s a manual process. It often takes a long time and there’s often duplication of invoices which I’m sure could be avoided with an automated system.
We only get data once a month, after the invoices are processed, which makes day-to-day financial decisions much more difficult.
We have calculated recently that our costs are as high as $34 per invoice.