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eInvoicing

Paper Is the Enemy of On-Time Payment

Chris Huff, Chief Strategy Officer, Kofax It’s widely accepted that removing paper-based processes from accounts payable is best practice. So why is it that paper still continues to dominate in many organisations? According to Billentis Market Report for eInvoicing, 70% of all invoice processing globally is still paper-based. Consider the consequences of a single typo as a paper invoice is processed. Working from an incorrectly entered due date, the company fails to pay the vendor early, losing out on a vendor…