Nexonia Whitepaper

Never Fall Behind: How AP Technology is Turbocharging Visibility and Effectiveness for CFOs

The gap between the most effective accounts payable (AP) processes and the rest is huge: the time it takes to process a single invoice rises from 3.6 days at best-in-class organizations to a stunning 16.6 days across the rest, according to PayStream Advisors. This is why the cost to process an invoice varies by more than 500%: there is a problem here, and a solution can have a meaningful impact on an organization’s bottom line.

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