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Do you know?
A typical SMB processes about 450 invoices per month with a duplication rate of 1.29%; that’s equivalent to 6 duplicate invoices every month
62% of businesses report manually handling more than 75% of the hardcopy invoices they receive
Manpower costs make up 62% of the total Accounts Payable (AP) costs
It costs the bottom 25% of American companies US$10 or more to process each invoice, while the top 25% spends only $2.07 or less
Do you know?
A typical SMB processes about 450 invoices per month with a duplication rate of 1.29%; that’s equivalent to 6 duplicate invoices every month
62% of businesses report manually handling more than 75% of the hardcopy invoices they receive
Manpower costs make up 62% of the total Accounts Payable (AP) costs
It costs the bottom 25% of American companies US$10 or more to process each invoice, while the top 25% spends only $2.07 or less
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