# Why automate accounts payable?

Save Time, Save Money, Make Money

##### Post Metadata
- Posted at: almost 7 years ago
- Net upvotes: 1


## Comments
### Comment 1

Businesses are increasingly recognizing the need to automate their accounts payable departments; 74% of companies that haven't automated their accounts payable processes yet plan to do so within 3 years. Organizations want to create a future where accounts payable is no longer just a tactical, back-office function. Positive business outcomes of AP Automation include reduced effort & expense per invoice by up to 50%, reallocation of time previously spent on manual processing, identification of errors on invoices & spikes in consumption, assurance of on-time payments with more efficient workflows, easy capture of early payment discounts on invoices, improved vendor relationships, and elimination of late payments and increased more transparency for suppliers.

##### Comment Metadata
- Posted at: almost 7 years ago
- Author title: Inbound Marketing Manager at Goby | The ESG Platform




## Related Product
[Goby](https://www.g2.com/products/goby/reviews)

## Related Category
[Energy Management](https://www.g2.com/categories/energy-management)

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