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Paper is the enemy of on-time payment

One year ago   |   By Roi Investing

Chris Huff, Chief Strategy Officer, Kofax 10th October, 2019 : London, UK : It's widely accepted that removing paper-based processes from accounts payable is best practice. So why is it that paper still continues to dominate in many organisations? According to Billentis Market Report for eInvoicing , 70% of all invoice processing globally is still paper-based.
Consider the consequences of a single typo as a paper invoice is processed. Working from an incorrectly entered due date, the company fails to pay the vendor early, losing out on a vendor discount. If it misses the correct due date...
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