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The 5 Hidden Costs of Paper Invoices [New Corcentric Webinar]

Apr 8th 2015 at 3:44 AM

1888 Press Release - Corcentric's latest accounts payable Webinar exposes how much paper-based processes are costing AP departments.

McLean, VA - Corcentric, a leading provider of accounts payable automation and electronic invoicing software, announced today that it will host a new Accounts Payable Webinar, "The 5 Hidden Costs of Paper Invoices," on Tuesday, April 14, 2015 at 2:00 PM ET/11:00 AM PT.

As companies look for areas within the enterprise where efficiencies and savings can be captured, they may not be looking at Accounts Payable. That may be due to the fact that AP is often regarded as simply a cost of doing business. Corcentric's latest Webinar reveals that manual processing of paper invoices can be quite costly; more than most companies might realize.

Rob DeVincent, Vice President of Product Development for Corcentric, uses this one-hour live Webinar to detail the hidden costs that are a result of relying on paper invoices…and how automating AP processes can eliminate inefficiencies and increase savings. Among other revelations, attendees will discover that:

•    Long approval processes reduce the ability to capture early payment discounts
•    Skilled personnel are spending time on manual processes instead of more strategic, value-added tasks
•    Lost or misplaced paper invoices can lead to late payment fines
•    And more

This Webinar will provide valuable, actionable information for accounts payable professionals as well as assisting management in making the case for implementation of an AP automation solution within their department.

This Webinar will also feature a demo of COR360TM, Corcentric's comprehensive Accounts Payable workflow solution.

For additional information, or to register, please visit: http://www.corcentric.com/resources/live-webinar-the-5-hidden-costs-of-paper-invoices/

About Corcentric
Corcentric, a wholly owned subsidiary of AmeriQuest Business Services, Inc., provides cloud-based financial process automation solutions that have revolutionized how the world's largest organizations manage and protect their financial assets. By connecting best practices with deep expertise, Corcentric's ground-breaking Accounts Payable and Accounts Receivable automation solutions have enabled organizations to reduce costs, streamline processes, and provide unmatched visibility executives need to make critical business decisions. More information can be found at http://www.corcentric.com.

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