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What is Accounts Payable (AP) Automation?

Nanonets

Our blog cuts through the complexity of AP processes, presenting a clear pathway to AP automation. Dramatic Cost Reductions in Processing Let's start with the financial health of your department. AP Automation has been shown to slash processing costs by a staggering 70%.

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Paperless accounts payable: An implementation guide

Nanonets

Let's say you process 10,000 invoices monthly at $10 each. Now consider this: roughly a third of businesses surveyed were able to reduce invoice processing costs even more: a whopping 50%. Look at product descriptions, blog posts, customer reviews, case studies, and demo videos. Impressive, right?