For years, manual processes and paper checks provided a sense of control. But the State of ePayables 2025 reveals a huge difference between automation and manual payments.
- The Speed Gap: Manual AP takes an average of 18+ days to process an invoice; Best-in-Class teams do it in under four.
- The Security Gap: 79% of AP teams now lead fraud prevention. Paper checks remain the #1 target for payment fraud.
- The Cost Gap: Traditional processing costs can exceed $12 per invoice. Automation can reduce those costs by up to 80%.
As the industry pivots toward total digitization of AP, maintaining a manual status quo creates a widening gulf between finance teams and today’s best practices and standards. Modernizing workflows ensures you aren't just keeping pace but are actively insulating your organization from the costs of inaction.
It’s time to ditch the daily AP headaches and finish the journey to true AP efficiency, security and savings.
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The State of ePayables 2025: AP’s Unfinished Journey
The High Cost of the Status Quo