Accounts Payable Automation
Accounts payable automation (AP Automation) refers to the use of technology and software solutions to streamline and optimize the accounts payable process within an organization.
What is Accounts Payable Automation?
Accounts payable automation (AP Automation) refers to the use of technology and software solutions to streamline and optimize the accounts payable process within an organization. AP automation in NetSuite is a technological solution that removes the need for manual work and human intervention during the AP process, making it faster, more accurate, and less of a burden for your finance team.
NetSuite AP automation is designed to reduce the amount of manual labor involved in the accounts payable process by automating the invoice-to-pay process. Benefits and advantages of NetSuite AP automation include: increased processing speeds for invoices and payments, enhanced data accuracy, lower costs, and higher profitability. There are also several native NetSuite SuiteApps designed to accelerate finance workflows, including AP automation.