Source: Paper Alternative Solutions Blog

Paper Alternative Solutions Blog Benefits of Paperless Accounts Payable Get A/P Employees on Board

Introduction Going from traditional paper-based invoice processing to paperless processing brought these benefits for one manufacturing company: Reduced invoice processing time from more than one hour down to 15 minutes. Achieved a 90 percent classification accuracy Lowered the processing cost per invoice from about $63 to less than $16 Just how were they able to achieve such results, and can your business expect a similar outcome from going paperless?  The answer is yes.  And, no.

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Molly McGowan's photo - President of Paper Alternative Solutions

President

Molly McGowan

CEO Approval Rating

81/100

Paper Alternative engages in providing document management, scanning and business process outsourcing services. Read more