Best-in-class AP departments that are automated use some form of Optical Character Recognition (OCR) to eliminate manual data input of invoice information. But there’s a new generation of OCR technology now being adopted—it’s called Intelligent Data Capture (IDC). Read more...

A recent survey reveals AP staff productivity improvements when going from a low level to a high level of automation. Read more...

Your next AP automation project in on the road to failure unless you have a solid plan of attack. Join us for a free 60-minute webinar, 25 Best Practices for Planning an AP Automation Project, Thursday, March 4 at 1:00PM ET. Read more...

To effectively automate the AP process, you need to identify your “pain points.” These are the areas where problems and inefficiencies plague your AP department. Read more...

In general, a best practice is to have all incoming invoices go to AP first. That way, they can be properly tracked, especially for discount purposes. Read more...

The vast majority (85 percent) of AP departments we polled say they either use or plan to use imaging to automate invoice processing. About half (46 percent) of the over 450 AP departments we surveyed currently use invoice imaging, and an additional 39 percent say they plan to use it. Read more...

The ECM Connection website has announced its annual Top 10 ECM Products for 2009, based on reader interest. Some of the vendors that offer these products are well known for AP-related solutions, such as AnyDoc, Kofax, and OnBase. Read more...

According to our research, about half of U.S. companies we’ve polled are still on a manual AP process—and it’s the same story overseas, according to a recent survey from Formscan. Roughly half of UK firms still use a manual accounts payable system, missing out on the huge savings automation can bring, according to the survey. Read more...