Menial tasks can be automated, creating a more efficient workflow and leaving less room for error. This is what makes a digital purchasing system so effective. Now you’re looking at space consumption too. The inability to spot missing or replicated data costs a business time and money-not to mention the need to file all this paperwork somewhere. It will never be able to scan at the rate of a computer. Especially if you have a high volume of POs. It’s not always easy to spot duplicate requests. It’s a lot of paper to push just for a single purchase.Īdditionally, paperwork can get lost, damaged, or destroyed. This can include documents like:Ĭlearly, this is excessive, especially in our green-minded society. During the purchasing cycle, a business can process up to 7 separate documents for every order. If your company is currently using a paper-based procurement system, your manual procedures are inefficient. The FinTalk Blog Strategy and trends in payments.Customer Stories See how we transform finance operations.Why Tipalti A modern, holistic, powerful payables solution that scales with your changing business needs.The Tipalti Platform Global, scalable, and fully automated.Expenses Mobile ready integrated expenses and global reimbursements.
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