As Accounts Payable Automation has such a strong benefit case behind it, it’s easy to assume that it will solve all of an organisations challenges, however as with most technologies, the automation itself is not a silver bullet. To help organisations make sure they get it right, we’ve compiled a list of the top strategies for success with accounts payable automation.

Australia having navigated the pandemic for over a year now faces a new and unexpected challenge – filling job vacancies. How can businesses increase their output if the staff are not available?

RPA utilisation rates are drastically low – meaning that these organisations are paying for their digital workers to spend a lot of their time in an idle state. We take a bit of a deeper dive into this issue and explore why organisations are paying for digital workers to sleep on the job.

We all know the saying, cash is king and in the current environment where making a dollar is so much harder than saving a dollar – cashflow has never been more important for organisations. Accounts payable automation is a very useful lever that organisations can employ to help manage their cash flow.

Utilising the Robotic Process Automation (or RPA) is easy, they say. The projects are fast and lean. In just a few weeks you can automate practically any routine in your organisation. Finally, we can say goodbye to IT budgeting and long IT wish lists that never get implemented. Is it really that straightforward? Well, yes and no.

One of the questions we get asked a lot is what processes can you really automate within your Source to Pay process? It’s a fair question, there are far too many stories of software companies promising all the automation in the world and then not actually delivering on the promise. To help businesses we got our team of Source to Pay automation experts to look across the major processes in a typical source to pay process to see what the automation potential was.