Six Benefits of AP Automation

Efficiency and accuracy in financial operations are critical for success. Accounts payable (AP) automation can save time, money, and improve accuracy, while also contributing to better cash flow management, stronger vendor relationships, and enhanced compliance.

1. Time Savings

One of the most compelling benefits of AP automation is the significant time savings. By eliminating manual tasks such as data entry and collecting signatures, employees are freed up to focus on more strategic work that adds value to the organization.

2. Cost Savings

AP automation also delivers cost savings by reducing operational costs and avoiding late fees. By streamlining processes and minimizing errors, organizations can operate more efficiently and effectively.

3. Reduced Risk of Errors

Manual processes are prone to errors, but AP automation can reduce these errors and bolster accuracy. The automation system can ensure that transactions are recorded correctly, minimizing the risk of mistakes.


4. Stronger Vendor Relationships

By eliminating the possibility of human error in payment processing, AP automation leads to timely and accurate payments for vendors. This contributes to stronger, more positive relationships with suppliers and vendors.

5. Fraud Protection

In today's digital age, cyber security is a major concern for businesses. AP automation helps protect a company's finances by eliminating the risk of fraud or a cyberattack, providing peace of mind for financial operations.

6. Enhanced Visibility

AP automation tracks and displays the complete payment cycle on every invoice, providing transparency and supporting good decision-making. With this level of visibility, organizations can make informed choices to optimize their financial operations.

AdvantagePay: Your AP Automation Solution


The benefits of AP automation are clear.  AdvantagePay, powered by an API integration with our preferred partner, Edenred Pay, enables users to pay vendors with the simplicity and flexibility they need. Paying vendors can be as easy as using a typical bank’s bill pay feature. The payment manager also enables users to view the real-time status of their payments and even earn monthly cash rebates. By streamlining all payment functions into one platform, users will have one source of truth for reporting. 

Streamline your AP Processes
Get started with AdvantagePay! Contact your sales representative or sales@gotoadvantage to learn more.

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