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Overcoming the Top 5 Procure-to-Pay Challenges

How to increase profit and productivity with robotic process automation

In today’s increasingly high-tech and efficiency-driven business landscape, procure-to-pay (P2P) processes are prime candidates for modernisation. Traditional, paper-based methods of procurement and accounts payable (AP) are linked to high costs, low visibility and long processing times — all barriers that ultimately impede business progress and success.

Though most organisations understand the detriments of manual methods, P2P processes remain inundated with paper. The best way to overcome the obstacles associated with paper-based methods is with an end-to-end automation solution. Eliminating the silo mentality of AP and procurement teams, organisations streamline their P2P workflow and maximise their potential.

This white paper explores how to overcome the top 5 challenges presented by manual methods.

Embracing robotic process automation combats:

  • Slow invoicing processing times
  • Reduced accuracy from manual data entry
  • High costs per invoice
  • Lack of visibility
  • Difficult data retrieval