Automating Accounts Payable Process

Accounts payable presents some of the greatest opportunities for transformation. Did you know that enterprises that implement the Accounts Payable automation solution bring down their cycle time to process invoices by at least 40%, and reduce costs as a result of improved visibility and FTE reductions?

According to a recent survey, the accounts payable team spends 30% of their time in answering the queries from suppliers. This has an impact on productivity and costs.

Maintaining strong supplier relationships has always been a key agenda item for an enterprise’s supply chain strategy. Enterprises spend millions of dollars directly or indirectly, to have a sound supplier management system. However, they still undertake processes like handling supplier queries in a manual way.

Avaali has come up with a combination of two unique solution to cater to your supplier communication requirements and automating your accounts payable process at the same time.