The triple-whammy of economic headwinds, market volatility, and ever-increasing global competition is making it tough for businesses to achieve meaningful revenue growth. As a result, businesses are increasingly focused on finding ways to improve profit margins and net income.
This whitepaper is based on the findings and analysis of primary research recently conducted by the Institute of Finance and Management and based on data provided by hundreds of financial operations professionals.
This report reveals the cost of invoice processing and disbursements; details the eight primary drivers of high invoice processing and disbursements costs; and shows how automating invoice processing and disbursements with a single system reduces overhead and helps manage discretionary spending.
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