Companies face a number of challenges from manual accounts payable processes including dependence on labor-intensive jobs, no backup of sensitive data or information, and delay in invoice processing. AP automation is the one thing that addresses all these issues single-handedly. And the best thing about AP automation is that it delivers instant benefits to the accounts payable process. For businesses having supplier invoices as an integral part of their cost like production, retail and distribution, AP modernization is crucial for two major reasons. Read on to learn why it makes sense for your company.