The CFO’s Guide to AR/AP Automation

As businesses go from dozens of customers to hundreds and eventually thousands, processes that once served the company well no longer support growth. Many finance teams routinely back funding updates that let business units scale efficiently while ignoring their own department’s process improvement needs. 

 

The AR/AP team is one of those groups within finance that’s often overlooked for process improvement. That’s a mistake because automation dramatically speeds both accounts receivable and accounts payable, reduces overhead, and minimizes the risk of errors. But simply looking at AR/AP automation as a cost-saving exercise will likely miss some of the biggest benefits that will come from the effort. 

 

In this whitepaper, you’ll learn: 

  • The Hidden Costs of Manual Processes

  • Automation Opportunities

  • What to Look for in an Automated Solution

  • Automating AR and AP with NetSuite