What Is AP Automation?
Software that digitizes and streamlines the accounts payable workflow from invoice capture to payment.
Detailed Explanation
It replaces manual data entry, routing, and approval with automated processes. Reduces errors, speeds cycle times, and improves visibility into cash commitments.
Example
The finance team deploys AP automation to process 500 vendor invoices per week without manual keying.
Why It Matters
Cuts processing cost per invoice and frees staff for strategic work.
Related Resources
Related Automation & Tech Terms
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