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Discount Management Apps

Although this trend is just emerging, expect to see automated discount management to become a significant factor in the evolution and growth of invoice automation. According to our report, Paperless Accounts Payable: The AP Department’s Complete Guide to Invoice Automation, customers of one solution provider are reporting that their return on investment from “dynamic discounting,” as the feature is called, are five to 10 times as large as their ROI from processing cost reductions. To the extent that such benefits are replicable, they will be too large for chief financial officers and AP managers to ignore.

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