What if you could change the way your company handles invoices with one simple decision? Cloud automation is an easier way to process invoices that can have a big impact on your business.
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The true cost of an invoice solution
1. of respondents cite the need
for expedited financial
information delivery.
— Aberdeen Financial
Transformation Survey, 2013
62%
are using mobile apps for
specific business functions.
— SMB Group, Top 10 SMB
Technology Trends for 2014
55%
The true cost of an
INVOICE SOLUTION
What if you could change the way your company handles invoices
with one simple decision? You can! Cloud automation is an easier
way to process invoices that can have a big impact on your business.
Company A
(manual)
Company B
(automated)
Wastes time finding and
tracking paper documents
Has limited visibility
into cash flow
Misses out on early payment discounts
and other opportunities to cut costs
Accurate and up-to-date
AP information
Takes advantage of early payment
discounts and avoids late fees
Spends less time processing data
and more time understanding it
Lacks control over spending
and disbursement
Has no ability to incorporate mobile
technology into invoice processing strategy
Which increases
efficiency
Leads to better
business results
Able to deploy mobile apps to help
improve employee productivity
Keep track of cash flow
from anywhere, any time
Allowing for complete
visibility into cash flow
Has a well-defined, repeatable,
standardized compliance process
For spending and
disbursement
A centralized structure with standardized and automated processes is the foundation
upon which the next level of efficiency and visibility within AP is typically realized.
— Ardent Partners, The State of AP in the SMB Market, November 2013“ ”
Misconception 1
My business is too small to experience
the benefits of cloud automation.
Misconception 2
Moving to the cloud is too
expensive and time consuming.
Misconception 4
Emails are the same thing
as automation, right?
Company comparison
In Reality
Cloud solutions are ideal for SMBs
because they don’t require significant
IT resources or infrastructure.
In Reality
Simplifying and streamlining invoice
processing in the cloud won’t replace
your finance team, but it will free them
up to focus on more strategic activities.
In Reality
With Concur, you can be up
and running within weeks. Plus,
cloud automation can actually
help your business save money.
In Reality
Even electronically sent invoices
can still get lost, and that means
wasted time digging through
inboxes to locate them.
Misconception 3
An automated system will take
the jobs of my finance team.
Common misconceptions about the cloud
Many businesses are hesitant about cloud automation, but there’s
no reason to be. Here are a few common misconceptions:
Concur invoice management
is the ideal automated solution
Connected
to every dime of spend by
integrating all data with key
systems like your ERP
Transparent
Complete visibility lets you see what
you need to see so you can make
decisions before the money is spent
Effortless
Manages your company’s spending
on a universal, easy to learn system
Learn more about automating the invoice management process in our concise eBook:
The True Cost of an Invoice Solution.
Searching for an invoice management solution that can simplify the approval
process and move invoices along with clear rules, permissions, and escalations?
Look no further.
Here’s what makes Concur invoice management the ideal automated solution:
Download eBook
of SMBs have already deployed
mobile apps to help improve
employee productivity.
— SMB Group, Top 10 SMB
Technology Trends for 2014
83%