Invoices

A wise person once said, “If you do as you’ve always done, you’ll get what you’ve always gotten.” That statement applies to many things in life, including accounts payable (AP) invoice processing.

For decades, AP was a manual process. Vendors mailed paper invoices to customers and accounting teams would perform their two- or three-way match, comparing an invoice to a receiving document and the purchase order (PO) or other purchase authorization documentation.