Research from AIIM shows that it takes almost 9 days to manually process an invoice and this can cost over £5 per invoice. But with an automated process, you'll radically reduce the time and cost of invoice processing, all within months of deployment.
Regardless of the system you already have in place, if you're manually handling invoices there's an opportunity to streamline the accounts payable process. You can improve your bottom line by having visibility and clarity of payments in real-time. This will prevent you from incurring late payment penalties and avoid the month end crunch. You can free up your time to negotiate better early payment discounts with your suppliers and be more proactive at balancing out the departmental workload, throughout the month.
With many years of experience working with large and small organisations, Konica Minolta understands the challenges you face around cash-flow visibility, compliance, reporting and errors. We'll work with you to map out your existing processes before implementing our automated invoice processing solution.