Accounts Payable automation and Procure to Pay automation are often mentioned in the same breath, but they solve different problems. Understanding the difference helps you invest in the right thing.
AP automation
AP automation focuses on the invoice end of the process, capturing supplier invoices, matching them, routing them for approval and posting them into your accounts with far less manual keying and far fewer errors.
P2P automation
Procure to Pay covers the whole journey from raising a purchase order through to payment, giving you control and visibility earlier in the process. For many businesses AP automation is the natural first step, with P2P following as you grow.
We can help you work out which makes sense for your finance team and how it fits with your accounting software.
