PayStream today released its Automation Solutions for SAP – Solutions for Touch-less Accounts Payable technology insight report.
The 2012 SAP report reveals that while invoice imaging and workflow are mature technologies, their adoption is lagging. PayStream research indicates solutions streamlining the receipt-to-pay cycle have only been adopted by 45 percent of Global 2000-sized North American companies. In addition, research indicates that a large portion of the SAP user community still relies on paper-based invoice processes.
Until recently, the biggest hurdle to removing paper from the finance department was getting the project started. Today; however, finance managers struggle with a new problem – where to get started? Due to the explosion of options from invoice managing, automated data capture, approval workflow, eProcurement, electronic invoice portals, supplier collaboration, PO compliance, discounting and payment, automation decisions are complex.
This report was created to provide clarity regarding automation solutions and to highlight the best-of-breed SAP ePayables solution providers.
Report highlights include:
- SAP solution extensions versus bolt-on solutions
- Accounts Payable challenges
- Companies report top financial goals
- Benefits of invoice automation
- Best practices for touch-less accounts payable processing
- Most used automation technology in AP departments
- What questions to ask when selecting a solution provider
Download your free copy of the 2012 Automation solutions for SAP: Solutions for Touch-less Accounts Payable report today.