Report
The Numbers Are In: Manual AP Doesn’t Add Up
Ardent Partners, in collaboration with SAP Concur, presents a compelling report titled 'The Numbers Are In: Manual AP Doesn't Add Up,' illustrating the critical shift from traditional accounts payable to AI-enhanced automation. This document benchmarks manual AP inefficiencies against the significant gains of best-in-class automated processes, revealing a dramatic improvement in key metrics. Manual AP averages 17.4 days per invoice at $12.88 cost, with high exception rates and fraud concerns. In contrast, automated AP with AI reduces processing time by 82% to 3.1 days and costs by 80% to $2.78 per invoice, with significantly fewer exceptions and increased touchless processing. The report underscores how AI integration liberates finance teams from reactive tasks, enabling strategic focus, i