Incorporating all of the elements of a strategic solution is ASPEN 360 Accounts Payable Edition, a subscription-based service that automates the back office process using advanced AP imaging and workflow. ASPEN 360 enables you to outsource your AP processes while remaining in complete control of the solution. It incorporates best practices AP automation with the invoice virtualization center for a complete, ZeroTouch solution.

ASPEN 360 is comprised of six main components that provide…

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Businesses are always looking for ways to eliminate paper from their business process and with the advent of new technology businesses can now significantly reduce the amount of paper that they process manually.

PayStream Advisors recently released a new report, titled Invoice & Workflow Automation Adoption Benchmarking Survey 2012, which features some of the challenges and goals within the Accounts Payable (AP) department as well as invoice processing costs and automated workflow…

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Figures from the Institute of Management and Administration (IOMA), suggest that it costs companies who don't use invoice automation £7 to process each vendor invoice. On the other hand, firms who do use automation have been found to reduce this to £4.20 - a 60% saving.

Greater control over when invoices are paid

Being able to control when your invoices are paid through invoice automation means you will waste less company money on fines for late payments. It also means you'll…