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Using our AP automation platform, Stratas can seamlessly connect to over 200 ERP’s – including JD Edwards. This means it’s easier than ever to automate Accounts Payable. There is no need to switch platforms or implement new processes. With a simple, intuitive set-up process, you will be ready to go in no time. WHY AUTOMATE ACCOUNTS PAYABLE? Reduce manual costs: Usually £3 – £13 per doc & £3.16 archiving. Improve visibility: Most businesses see 3.5% errors in manual payments. Reduce late payments: Typically, 31% of manual invoices have late payments. Improve cycle time: The average manual cycle time is 22 to 35 days. Reduce Fraud: Online payment fraud losses are expected to exceed £290 billion between 2023-2027 and 64% of UK companies say they have experienced fraud or economic crime in the past 2 years. THE RESULTS OF AP AUTOMATION: Reduction in AP processing costs. 68% of executives believe that collaboration between people and AI will be key to the future of businesses. Highly automated companies are 6x more likely to see revenue growth of 15%. 70% of organisations have a digital transformation strategy or are working on one. WHY YOU SHOULD CHOOSE STRATAS: We can help reduce your current costs by up to 80%; We store fully compliant and fraud-free documents in the cloud; We automate each step of your P2P process; You gain instant visibility – Stop losing documents; Our solutions are quick to set up and easily deployed; and By cutting your cycle time you can negotiate early payment discounts. Ready to book a demo to find out more? https://www.stratas.co.uk/demo/