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Failing to make fast and timely payments to suppliers impacts the vendor relationships resulting in interruptions in procurement and cost to the organisation.
Manual Accounts Payable processes are time consuming and susceptible to errors. Therefore an Invoice Automation solution like Bautomate is needed to pay the suppliers faster and to accelerate the entire process ensuring compliances with policies making it error free.
Although the goal is to avoid late payments, account payable automation provides the necessary real time financial data to the team which helps make early payments to obtain potential rebates from suppliers in order to save money.
Failing to make fast and timely payments to suppliers impacts the vendor relationships resulting in interruptions in procurement and cost to the organisation.
Manual Accounts Payable processes are time consuming and susceptible to errors. Therefore an Invoice Automation solution like Bautomate is needed to pay the suppliers faster and to accelerate the entire process ensuring compliances with policies making it error free.
Although the goal is to avoid late payments, account payable automation provides the necessary real time financial data to the team which helps make early payments to obtain potential rebates from suppliers in order to save money.