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Automated and Evolved - The True Cost of (AP) Invoice
AUTOMATED AND EVOLVED
Become a best-in-class company with a best-in-class
accounts payable solution
With invoices responsible for up to 65% of your company’s operational costs, why
are you still managing them with inadequate, outdated tools and processes?
An automated system that integrates with your payroll and works the way your
employees do eliminates guesswork and the errors that come with it. A clear
picture lets you plan, execute and adjust in ways that go straight to the bottom
line. See what happens when your spending process is automated and evolved
with the Concur invoice management solution.
“We’re paying our invoices
so quickly now, we have
virtually eliminated calls
from vendors inquiring
about invoice status.”
—Darin Johnson, VP and
Controller, Whidbey Island Bank
Cosmetics and fragrance
company Elizabeth Arden
uses Concur to decrease
processing time and
increase visibility into
so they can be more
cost-effective and provide
better customer service.
average 3.7 days to process
an invoice. Industry average
is 8.8 days, and laggards
take 14.3 days to process
Cloud automation means regularly getting accurate information on expenses, invoices
and cash ﬂow. So tell your AP department to stop tedious data entry and say “no more”
to wasting days chasing down missing information .
Are you ready to become a Best-in-Class company with a Best-in-Class invoice
Learn more about how your organization can join
the ranks of the “Automated and Evolved.” Download
the Automated and Evolved eBook today.
1: Aberdeen Group, From the Shadows to the Forefront: AP Automation
and the Strategic Vision, October 2013
2: Aberdeen Group, From the Shadows to the Forefront
Automation eliminates errors
With automation and instant capture, accuracy
signiﬁcantly improves—cutting down on unnecessary
errors and stress and freeing up your AP department
to focus on the kind of meaningful work that makes
Automation ends the paper chase
Invoices can be captured electronically and moved
directly into a single, integrated system—connecting
you to every dime of spending in near real-time.
Employees are able to easily adopt
and use one system, login and user
“It used to take 15-20 days to get an invoice through
the cycle, and now it takes ﬁve days.”
—Elizabeth Sumption, Senior Finance Manager,
Automation lets you see
the big picture
The Concur invoice management solution gives
ﬁnance leaders visibility into all spending—whether
via invoice, P-Card, corporate card or cash—and
provides them with powerful analysis tools that
offer insights into all forms of employee spending.
The Invoice mobile application allows
busy managers to approve invoices on
the go. And Concur Invoice can pull all
of your spending into a single system when
you combine it with Travel and Expense.