Inefficient invoicing systems in the construction industry can mean missed deadlines, cost overruns and schedule delays. In the "AP Automation Tracker," Shep Hickey, CEO and founder of online steel marketplace Bryzos, explains the role of automated invoicing in adding transparency, cost efficiency and accuracy, while...
While many businesses have fully digitized their consumer-facing operations, they still have a lot of work to do in transforming their business-to-business (B2B) processes. A recent report estimated that companies and their business partners exchange more than 550 billion invoices annually — a number set...
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Where paper checks and manual processes are the best-known sources of payment errors and bottlenecks, AP automation is increasingly coming to the rescue. In the “AP Automation Tracker,” Tanner Busby, finance director of Procure to Pay strategy for Microsoft, explains how companies are saving time,...
January 10, 2022
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