As we roll into 2022, AP Automation is on the minds of financial leaders. It’s one of many digital transformation initiatives that are transforming the way companies conduct business. However, the AP automation landscape can be a bit confusing and a typical evaluation can often take months to complete.
Most customers approach the evaluation phase with a long list of requirements…requirements that most every AP automation provider support. Beyond that, they have a shorter list of requirements particular to their specific needs, followed by an even shorter list of nice-to-haves.
Save yourself a lot of time. Ask these questions up front… before you dig into the long list of requirements that any good vendor will support. You will quickly shrink the number of vendors, and end up with a slate of very capable solution providers.