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"5 Ways Automation Can Fix Construction AP"

This infographic shows how you can transform construction AP into a streamlined process

Old school, paper-based accounts payable (AP) systems expose contractors to payment disputes, financial waste, fraud and project delays. Over a 12-month period, nine out of 10 contractors have filed a lien over payment matters.

It’s a crippling burden that contractors can avoid, as a new infographic reveals. You’ll learn how to transform construction AP into a streamlined, reliable process that delivers faster payments, improved compliance, simplified workflows and on-demand visibility. You’ll gain insights into a tested, proven transition process and outcomes you can use to benchmark your present AP system. You’ll also learn how to:

• Reduce AP cycle times from 14.4 days to a few hours
• Eliminate errors, duplicate/fraudulent payments and slow-pay disputes and project slowdowns
• Leverage 5 key implementation steps in the transition to cloud-based AP speed, accuracy and confidence

Offered Free by: Construction Dive's studioID and Yooz
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