Research Library > Ephesoft > Adding Value to Accounting Processes

Adding Value to Accounting Processes

Published By: Ephesoft
Ephesoft
Published:  Apr 04, 2018
Length:  2 pages

All accounting procedures, especially remittance and AR/AP processing, are critical to any organizationís financial well-being. Manual data entry of invoices is an inefficient, expensive, labor intensive and often error-prone process. Slow and mistake-laden document processing lengthens payment cycles, reduces staff productivity, adds late payment penalties and causes missed early payment discounts



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