3 Reasons To Automate AP for Sage Intacct

Managing hundreds or even thousands of invoices can overwhelm your accounts payable (AP) team, especially if you’re using manual processes. Delays in processing can lead to frustration, late payments, and strained relationships with vendors. Manual AP processes are no longer efficient enough to handle the increasing volume, which is why automating AP for Sage Intacct users has become essential. By integrating AP automation for Sage Intacct, businesses can streamline workflows, cut processing times by 60% or more, reduce costly errors, and save money.

In this article, we’ll give you three key reasons to implement AP automation.

1. Significant Cost Savings: Reduce Invoice Processing Costs by Up to 60%

Processing invoices manually is not only tedious but expensive. Research from Sterling Commerce suggests that the average cost per invoice in a manual system is between $12 and $30. By adopting AP automation, you can reduce these costs by 40% to 60%, according to the Aberdeen Group. For example, if you’re currently paying $20 per invoice, automating your AP process with Sage Intacct could drop that cost to somewhere between $8 and $12. Multiply those savings across hundreds or thousands of invoices, and AP automation can significantly boost your bottom line.

2. Save Time: Up to 70% Faster Invoice Processing

In addition to saving money, AP automation helps reduce the time it takes to process invoices. Companies like automotive manufacturer US Farathane found they could cut invoice processing time by 70%, while also reducing associated costs by 43%. Not only does this free up time for your AP team, but it also enables your business to handle a higher invoice volume without expanding staff. A study by the Aberdeen Group revealed that businesses with minimal automation take an average of 16.3 days to process an invoice. By integrating AP automation for Sage Intacct, this turnaround time can be reduced to just a few days.

3. Improve Accuracy: Minimize Errors by Up to 97%

Manual invoice processing often leads to human errors, which can cause payment delays and strained vendor relationships. AP automation reduces the risk of errors by automating repetitive tasks, ensuring invoices are processed accurately and on time. This not only saves your business money but also strengthens vendor relationships. In fact, businesses that implement AP automation for Sage Intacct see up to a 97% reduction in errors, making it a critical step for long-term success.

Elevate Your AP Process with AP Automation for Sage Intacct

If you’re already using Sage Intacct for financial management, integrating AP automation is the next step to optimizing your operations. By automating your accounts payable processes, you can cut costs, save time, and improve accuracy.

Rillion’s AP Automation solution integrates seamlessly with Sage Intacct, offering features like:

• Invoice data capture
• Automated 3-way matching
• Approval workflows
• Automated payments
• A searchable invoice archive
• Complete audit trail.

Ready to transform your AP process? Book a personalized demo of Rillion today to learn more about how our AP automation solution for Sage Intacct can save your business time and money.

By Rillion | www.rillion.com

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