Accounts Payable (AP) departments typically rely heavily on manual processes, and in an effort to streamline the workflow in a remote working environment, companies are promoting AP automation. Not only does this help automate a process that was once so tedious and untracked, but it also encourages a paperless accounts payable process moving forward.
Below are some tips on how EZ Cloud promotes efficient remote work:
- Saves Time and Increases Productivity
The first, and arguably most important, element that accounts payable automation promotes is saving time. Employees are working long hours, and some processes are naturally more challenging to do from home. Waiting on a signature from management? Still receiving paper invoices? These types of delays can really add up.
- Increased Transparency and Visibility
In remote teaming settings, email, video, or phone calls are the mediums used for creating transparency across departments. However, with EZ Cloud, each employee in the accounts payable department will have access to the EZ Cloud dashboard, providing up-to-date transparency. Interested in knowing how many invoices still need to be approved? Wondering how many invoices are pending approval? By quickly reviewing the dashboard, results are available up to the minute.
- Remote, Timely Approvals
Historically, approvals may have taken days to finalize – sometimes more. With an integrated automated system, the approval process has become a way quicker, more manageable solution. With EZ Cloud’s user-friendly dashboard and trackable, in-dashboard or in-app communication, management can more easily be notified about approval requests and expedite the process.
- Increased Workflow Flexibility
The manual processes that companies are using today may have been plausible options pre-pandemic, but now realizing that the process can be done faster, better, and cheaper through automation will change operations for the better. As more companies adjust to the remote work lifestyle and have begun exploring opportunities for their team to operate more smoothly, it has become evident that automated capabilities are becoming essential for the future. The efficiencies of integrated, automated AP systems allow for more flexible, remote-friendly workarounds, creating a safer, more efficient work environment. Implementing EZ Cloud will play an essential role in business as organizations move into a more digitally integrated future.