oboloo Glossary

Accounts Payable Automation Process

oboloo Glossary

Accounts Payable Automation Process

Accounts payable automation is a process that streamlines the payment of invoices, often through the use of technology and software. It helps to reduce manual effort, lower costs, and ensure smoother management of accounts payable tasks. Through accounts payable automation, businesses can automate the entire accounts payable process, from invoice receipt to vendor payment, helping them stay on top of their accounts payable workflow in an efficient and organized way—all while keeping costs down. With automated accounts payable processes, organizations can achieve higher accuracy in payments and take back control of their financial operations.