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Accounts payable (AP) automation


Streamline your accounts payable (AP) processes with ease. AP automation saves time, reduces errors and biases, and improves visibility for a smarter financial operation.

  • Process more documents in less time
  • Reduce back-office operational costs
  • Achieve higher accuracy with AI models

Talk to our experts about your business problems, and determine the optimal solution.

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Challenge

Manual accounts payable (AP) processes are time-consuming and unreliable


Processing invoices and making payments to suppliers and vendors manually may be common, but it’s not always reliable.

Despite its continued use, manual processing is time-intensive, error-prone, inefficient, biased, and unsecure. The old-fashioned, hands-on approach lacks transparency and system integration flexibility. These challenges can lead to increased costs, decreased efficiency, unnecessary bottlenecks, and a higher risk of financial errors and breaches.

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Time-consuming accounts payable process

Time-consuming manual accounts payable process

AP automation engine – Fast and secure automated accounts payable (AP) process

Accounts payable automation workflow diagram

Solution

Tackle accounts payable challenges with AP automation


Accounts payable (AP) automation streamlines the process of paying suppliers for goods and services.

AP automation includes the electronic capture, processing, and payment of invoices, reducing the need for manual data entry and the risk of errors. AP automation provides a more efficient, secure, and accurate method of managing financial operations, enabling them to better serve customers and improve the bottom line.

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Key benefits of using accounts payable (AP) automation


With features such as electronic invoice processing, payment processing, data management, reporting and analysis, integration with other systems, and security, AP automation provides businesses with a more efficient, secure, and accurate method of managing their financial operations.

By eliminating manual processes and improving the accuracy and efficiency of financial operations, AP automation can help businesses reduce costs, improve cash flow, and ensure compliance with financial regulations.

Automated accounts payable (AP) process:

  • Increases operational efficiency
  • Minimizes the risk of payment errors
  • Provides real-time visibility into payment status
  • Enables businesses to better manage cash flow
  • Reduces the risk of fraud and data breaches
  • Improves system integrations
  • Eliminates individual biases in decision making/processing
  • Reduces the need for manual labor
  • Helps in negotiating better payment terms

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Benefits of accounts payable automation

Benefits of AP automation

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Awards and recognition

HGS has received ample recognition and ratings for the transformational digital customer experiences it has offered its 200+ clients across 10 industries.

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AI Breakthrough award laurel

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