The top problems in invoice management include lengthy manual processes, high processing costs, data inaccuracy, and late payments. It’s not enough to simply receive invoices electronically. Customers want to eliminate AP exceptions so that invoices are imported into their AP systems, matched to purchase orders, and ready to pay. The total costs of failing to do so can reach millions each year. This case study outlines the AP transformation of a large North American truck and trailer parts distributer who worked with Transcepta to implement true straight-through AP invoice automation and saved $1.5 million in annual AP processing costs.

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