2015 Invoice Workflow Automation Report

Exploring the Efficiency and Value of Invoice Workflow Automation (IWA) Technology

invoice-workflow-automation-paystream-2015.pngA fundamental challenge for the Accounts Payable (AP) professional is managing the lifecycle of supplier invoices in a way that is both secure enough to ensure compliance and fast enough to increase savings and promote good supplier relationships. Manual invoice processing rarely affords the opportunity to meet these goals.

With invoice workflow automation solutions, AP departments can combat and greatly reduce inefficiency. Invoice Workflow Automation software’s secure, transparent, holistic functionality fills in the gaps left by manual procedures. These solutions do not only reduce processing times and lost or duplicate invoices; they also increase organizations’ ability to capture early payment discounts and reallocate AP staff to more strategic tasks.

PayStream Advisors’ research shows that automating invoice workflow is one of the most important tools for back-office efficiency, as it consistently provides substantial ROI. In this 2015 Invoice Workflow Automation Technology Insight report, you will learn:

  • Current market trends in IWA software usage
  • Benefits of invoice workflow automation software
  • Functionalities of invoice workflow automation software
  • Leading invoice workflow automation solution provider profile

Learn more about Invoice Workflow Automation — download the full report!