Manual processing of accounts payable can be likened to a treadmill, especially so for local government. With multiple departments, different locations, and varied approval procedures, a typical day could seem never-ending for the AP department:
- Keying invoice information
- Physically routing invoices
- Tracking down and following-up on approvals
- Resolving exceptions
- Keying approved invoices into the ERP financial system
- Reconciling checks and invoices ... and much more
about these challenges, the burdens of single transaction processing and how automating supplier payments can work to resolve them.
