Paper still happens. Invoices stream in by mail, email…even fax. Each is received and sent off on its approval journey, which is typically impossible to track whether it goes to an office on the other side of the country or the department across the hall.
At any point, things can go horribly wrong.
Of course, these are extreme situations that illustrate the very real and pervasive problem with archaic manual processes that no longer serve the realities of today’s fast-paced business.
If you haven’t checked it out yet, browse through our infographic for all too feasible ways that paper invoice processing is actually undermining the books.