How offering Accounts Payable automation can increase revenue

Your SME clients waste thousands of dollars per year processing invoices, with each invoice incurring an average cost of $6-15. Most small businesses lack a streamlined process, resulting in managing invoices manually and chasing approvals through email.

As a product leader, it’s your responsibility to expand your product offerings to address critical business challenges for your clients – AP is one of them. Use our guide to gain insights and build a compelling internal business case that highlights the business opportunity of offering AP automation.

In this guide we’ll explore:

  • The reasons why you should provide AP automation
  • How B2B platforms can solve their clients’ Accounts Payable challenges
  • Strategies for monetizing AP capabilities
  • The difficulties of building Accounts Payable solutions
  • Alternatives to building in-house