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Automation replaces the manual accounts payable process with software that can make everyone more efficient and lead to cost savings. Table of Contents FirstHeading What is APautomation? Using APautomation software. Features of APautomation software. The developing future of AP software.
Sizing the market opportunity, Deutsche Bank Research estimated in 2021 that APautomation and ePayments combined represent ~$70bn in US revenue opportunity, not including the international opportunity, which they estimated could be ~3-5x larger.
Cash Flow from Investing Activities Investment cash flow represents all cash made or spent on things like equipment, company vehicles, realestate, or stocks. How Can APAutomation Help With Cash Flow Analysis and Management? AP software solutions help reduce manual errors and keep financial data organized and consistent.
The platform helps [small to medium-sized businesses (SMBs)] gather and scan invoices and receipts, eliminate manual data entry using machine learning technology, approve and execute payments, set up automated workflows and sync to accounting systems like QuickBooks Online, Sage Intacct, Xero and others in real time.
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