We’ve heard the saying many times before, time is money. The saying can be interpreted in many ways: it takes time and effort to earn money, wasting time is wasting money, having free-time is as good as money, etc. But in regards to businesses, accounts payable (AP) managers should interpret the saying to mean: the less time I spend on a task the more money I can save. The impact that invoice automation can have on a business that is processing dozens of invoices per day is immense. Saving time is just one reason why businesses need to automate invoice processing. Here are the top three reasons why businesses should utilize software for invoice automation.

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Surprisingly, many companies are still manually processing invoices in Microsoft Dynamics AX. If your company is one of them, you could really benefit from automating this process. This is especially true for businesses that handle hundreds of invoices per month. But, now that low-cost solutions are available, no matter how many invoices your business handles, it makes sense to implement automation. Manual invoice data entry is a time consuming, error-prone process for any business. Additionally, working with paper-based invoices is inefficient and has an impact on the environment. In order to overcome these challenges, many Dynamics AX users, small and large, are implementing software solutions that automate invoice processing.

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