Drowning in Invoices? Evaluated Receipt Settlement Eliminates Invoices—and Cuts Costs

Even though AP professionals still grapple with a lack of support and funding for AP automation, many have found ways to vastly improve processing and ease into automation by streamlining their workflows.

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One way to accomplish this is to employ “evaluated receipt settlement” (ERS), which can start out as a manual process and become automated by making a small adjustment to the ERP system. ERS substantially reduces the number of invoices that need to be processed by eliminating the invoice a