Why automation of the finance function is vital for SME success
32% of SMEs still rely on manual accounting processes, leading to errors, time wasted, costly delays, fraud risks and much more. As 80% of SMEs have seen their revenues decline due to the effects of Covid-19, adapting to keep businesses profitable is essential.
Automating Accounts Payable (AP) processes is an effective way of reducing back-office costs. Historically the technology needed to automate AP has been designed for larger corporate clients, leaving SMEs, with limited options.
Yooz, the Cloud AP Automation specialist, and Fexco, a premier payment solution, bring an automated AP solution specific to the needs of SMEs with robust cost-reducing and control-enhancing features designed for the requirements of a mid-sized company.
In this webinar hosted by SFA, join Yooz and Fexco to discover how:
- Manual AP processes lead to errors and higher costs for SMEs and what you can do to solve this
- Payments fraud is a continuing concern for SMEs and the steps your business can take to protect itself
- Your business can benefit from tighter controls, streamlined approvals, strategic payments, and real-time access to transactional data.
- A live demo of Yooz and Fexco offers you the smartest, easiest and most powerful solution to use.