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Invoice and Workflow Automation Progressing Beyond Efficiency to Strategic and Tactical Benefits Q2 2013 Featuring Insights on ... Current Need for Automation Solutions Featuring Profiles on Concentric
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Invoice and workflow automation is the process of using technology to streamline and automate the creation, approval, and processing of invoices and other financial documents.
Any business that deals with invoicing and financial transactions can benefit from implementing invoice and workflow automation.
Invoice and workflow automation systems typically involve setting up templates, entering data, routing invoices for approval, and sending notifications for payment.
The purpose of invoice and workflow automation is to increase efficiency, reduce errors, improve visibility into the financial process, and save time and resources.
Information such as invoice number, date, amount, vendor details, description of goods or services, and payment terms must be included in invoice and workflow automation.
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