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ReadersSpeak
Now is the time to digitize AP processes "It's important for tech-forward businesses to assess how
they can be more effective for their customers, employees
e wish to thank Darin and vendors, and it makes sense for them to embrace
Horrocks, executive vice pres- innovation in their AP department. With AP automation,
ident of business payments at employees can focus on critical projects that contribute
W REPAY, for the following per- to revenue growth, instead of spending their whole day
spective on digitizing accounts payable (AP) processes: sending physical checks.
"The past few years have seen increased digitization and
automation of business processes as a means to increase "AP automation also enables you to have the data and
productivity and expand operations. And this accelerated reporting to ensure that exceptions are properly managed,
through the pandemic, as companies needed to operate with the ability to retry payments if necessary. With a
under new protocols and provide services in new ways. comprehensive AP solution, businesses will have access
As companies began investing in different technologies to all transactional data, including when and through
and embracing digital payments, one area seemed slow what method payments were made. These valuable
to digitize: the AP department, where continued send- insights make it easier to manage outbound payments
ing of physical checks to partners and vendors strained and understand vendors' payment preferences, ultimately
resources. creating a better overall relationship. AP automation has
company-wide positive impacts, and there's no better time
"Whether you send five or 500 checks to vendors and sup- than now to consider your options."
pliers each month, you're likely wasting resources on mail-
ing those checks. With an automated AP solution, busi- Automation in your business
nesses can pay their partners quickly and safely through Have you digitized your AP department or other areas of
their preferred payment methods, adding another layer of your business recently? Let us know your thoughts on this
convenience. With manual payments eliminated, employ- and other ways to use technology to improve efficiencies
ees responsible for processing payments can devote time and quality of service at greensheet@greensheet.com.
to projects that help drive further growth across the busi-
ness.