Accounts payable (AP) support automation saves time and money for colleges by decreasing the amount of time spent on manual tasks and the amount of paper required in the bill processing and payment process. Software that allows college students and employees to submit invoices and make payments online is often included in AP support automation systems and services.
This solution converts paper invoices to digital formats, organizes them inside the system, routes them for approval, and finally pays vendors. Apart from reducing paper, automating AP streamlines the process and provides real-time visibility into invoice, approval, and payment status.