How To Automate Your Accounts Payable Process
Автор: RASI - Restaurant Accounting Services Inc
Загружено: 2021-12-13
Просмотров: 217
Описание:
Modern restaurants depend on various integrated technology for an increasingly large portion of their business processes. From POS systems to digital pay cards and HRIS solutions to data management software, automation is taking a front seat in restaurants' abilities to increase efficiencies, decrease costs, and minimize overhead.
While digital automation continues to spread its wings, portions of the restaurant business remain stuck in paper-based processes. A crucial part of the business that handles supplier invoices and vendor payments, known as Accounts Payable, often falls within this category. This is detrimental to the business, as it's time-consuming and hugely prone to human error. Restaurants working in these manual processes have a tremendous operational opportunity from accounts payable automation.
Accounts payable automation software saves your staff time by replacing tedious manual processes with invoice scanning and automatic data entry, speeds up the approval and payment processes, and increases error detection and fraud protection.
Read the full Blog Post: https://rasiusa.com/blog/how-to-autom...
Listen to the full Podcast Episode: https://anchor.fm/the-tip-share/episo...
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Chapters:
00:00 Intro
00:12 Modern Restaurants: Automation vs. Manual Processes
1:05 Restuarant Accounts Payable Automation Software
1:23 The Basic Functions of Restaurant Accounts Payable
2:52 How to Implement Accounts Payable Automation in Restaurants
3:53 3 Main Areas of Restaurant Accounts Payable Automation
6:03 The Benefits of AP Automation in Restaurants
7:00 Selecting the Right Accounts Payable Automation Software
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