Paperless Accounts Payable

Paperless Accounts Payable

Paperless accounts payable is the process of paying invoices electronically, without the use of paper. This can be done through a variety of methods, including online bill pay, electronic data interchange (EDI), and using a purchase card.

Paperless accounts payable has many benefits for both businesses and their suppliers. It can save time and money by eliminating the need to print, stuff, and mail paper invoices. It can also improve supplier relationships by providing them with faster payment turnaround times. In addition, paperless accounts payable can help reduce environmental impact by reducing paper consumption.