Lean Manufacturing Demands Intelligent AP Automation - 0 views
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By definition, Lean manufacturing is intended to reduce the waste of time and resources that do not directly add value to the business. In manufacturing, this philosophy is most evident on the production line, which is continually analyzed and altered in order to maximize employee talents, reduce time spent on menial tasks, eliminate the waste of raw materials and mitigate duplicative efforts.
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Accounts payable (AP) automation technology achieves three keys benefits that complement the lean manufacturing process: It eliminates waste, optimizes AP workflow to ensure that tasks and responsibilities are clearly defined and executed among the team, and affords organizations intelligent automation opportunities through integration with the organization’s enterprise resource planning (ERP) solution.