A S-L-O-W Approval Process Can Be Accelerated With Assumed Receipt

Waiting for an invoice to be approved can test the patience of any AP professional. After all, who knows better than AP how tardy approvals can hold up the entire payment process?

Not only does AP lose time waiting for invoice approval, AP may lose the opportunity to capture an early payment discount, which will ultimately impact the bottom line. That's why the assumed receipt approval process can be such a boon to AP. It can help temper one of AP's biggest headaches – obtaining the prop…