According to a 2019 Levvel Research study, 86% of small to medium organizations were still relying on manual processes for accounts payable. Processes such as data entry, manual invoice routing and cutting checks and are higher cost, more prone to errors, and hard to maintain while teams are remote.
The current crisis has accelerated the need for technology advances in accounting. According to 68% of CFOs in a May 2020 survey, the crisis-driven transition to a remote work model has better equipped companies for the long run.
Learn how to:
- Manage your entire AP workflow remotely
- Reduce invoice processing costs
- Eliminate check payments
- Mitigate AP risk
Learn More About Beanworks
Discover how AP automation can free your accounting team from manual data entry, delays, and paper-based processes.