What is AP Automation?

AP Automation, or Accounts Payable Automation, refers to the use of technology to automate the process of managing and paying company invoices. This includes capturing invoice data, matching invoices to purchase orders, approving payments, and integrating with accounting systems. By automating these tasks, businesses can reduce manual errors, improve efficiency, and gain better visibility into their payables process. AP Automation solutions also help organizations save time and cut costs associated with manual data entry and paper-based processes.