
On a recent Webinar hosted by Aberdeen Group on the state of Accounts Payable within U.S. businesses, the presenters mentioned what they refer to as the '20/20 rule'. With a per invoice average cost of $21.86, and the time to process an invoice at 19.3 days, many businesses are unaware of the tremendous costs involved, and even more don't realize how automated systems like Inovium's can eliminate many or all of these inefficiencies.
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