![]() ![]() We have looked at some of the key benefits of moving to a strong Digital Invoice Processing platform to help solve some of the biggest challenges facing companies in the UK today.īecoming digital-first can revolutionise the way your business runs In this latest piece on the theme of Digital Invoice Processing, To help reduce costs, alleviate strain on finance teams and free them from manual processing and repetitive work, businesses need to evolve the way they process invoices.īy shifting to Digital Invoice Processing they can gain far greater control and visibility into operations, become faster and more agile, empower decision-makers with high value data and free up valuable finance resource to focus on business critical tasks. ![]() This feeling of being overburdened is acutely felt by smaller businesses, 78% of whom also reported a steep rise in costs over the last quarter. In fact, in a recent, wide-ranging study, 63% of finance teams polled said that they feel the pandemic has placed “significant” or “extraordinary” strain on operations. Over the past two years we’ve seen a significant, fundamental shift in the way businesses approach everything from supply chain planning to finance processes and customer experiences.Īlmost every company has had to undergo some form of transformation as customer expectations have evolved, new, more agile competitors have disrupted traditional norms and the pace of technological change continues to accelerate.Īll of this change has placed huge pressure on finance teams that were already dealing with a rising volume of invoices, more complex data requirements and significant administrative burden. ![]()
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