Invoice Processing
Published in
Jul 1, 2021
The invoice process starts when an invoice is received by your company’s Accounts Payable department to when the invoice is paid. The steps that happen between these two steps are very crucial. This is because they dictate if your company will save or lose money while processing the invoices.
For instance, some companies will offer a discount for earlier payments and penalties for late payments. It is therefore an advantage to ensure that all invoices are processed in due time.
Learn more about automating Invoice Processing with an AI-based OCR solution.
