Skyscend India

As we step forward in the digital era, businesses have a lot to benefit from the digital innovations. One of such instrumental factors is the AP automation which is proven to benefit the accounts payable workflow immensely. The automated invoice processing portals and the AP automation solutions are presenting to the businesses the best alternative of their outdated models of manual data entry and time-consuming paper-based process. AP automation is the total contrast of the traditional and almost outdated method and supplies to the businesses with a better leverage on time, strategic financial planning, workflow management and a strong hold on the prevalent market competition.   Understanding AP automation If you are new to the concept of AP automation or are in the transitional phase for your business, understanding AP automation is crucial. What are the benefits AP automation adding to your business process? How does AP automation empower your team? How does it enhance...

  In his book "Automate This", author Christopher Steiner writes the story of Thomas Petterfy, a virtual unknown who single-handedly transformed the trading industry and became one of the world's richest men. Now that the problem and its solution was stated pretty much a decade ago, it was not as nearly advanced as it is now and automation is the need of every business. Invoice automation solutions have captured the notice of business and government authorities globally.   Today automation is making things simpler, faster and more efficient, a need of the virtual era. It is a wonder then that so many businesses rely on inefficient, outdated processes to manage their day-to-day operations. With so much at stake in a fast-moving global economy, automating critical functions like Accounts Payable should be a no-brainer.   Nevertheless, some companies miss this opportunity, costing them real money off their bottom line due to lost revenue and productivity. T...