Adopting AP Automation Software as a Midsized Business

Sam Denny Sam Denny | Published on September 3, 2024

Investing in AP Automation Software as a MidSized Business

Accounting Ahead of the Curve with AP Automation Software for Your Midsize Business

Despite its many benefits across several industries, accounts payable (AP) automation software has yet to be predominantly adopted by mid sized businesses.

Under 5% of qualifying companies had fully automated their AP process at the beginning of 2024.

This presents a major opportunity to surpass your direct competitors who may still be mulling the transition. However, if you haven’t started preparing to make the switch, you are likely already falling behind. As many as 93% of mid sized firms are currently planning to introduce additional automation into their existing AP process going forward.

Accounting automation software for medium businesses has become an expectation rather than an enticing thought sooner than later, meaning now is the time to advance your own accounting team’s capabilities.

Making the Business Case for Modernization

Upgrading from manual to automated tasks is as transformational as it seems.

Our award-winning technology can save your company time and money while also strengthening your security. It addresses each of the biggest pain points that exist today with outdated AP systems, including inaccurate data, limited visibility, scalability issues, slow processing times, and risk of fraud.

With our answer to your team’s potential workflow deficiencies, you can reduce errors, enhance efficiency, and strategically allocate resources to more impactful business ventures.

A Comprehensive Portfolio of Advanced Products

At Paymerang, we offer a seamless end-to-end AP Automation platform, purpose-built for medium-sized businesses.

Our complete portfolio features invoice automation, purchase order automation, payment automation, receivables automation, and other specialized tools.

Our best-in-class invoice automation technology can capture, read, and route invoices, making it a seamless process with minimal opportunity for error. Whether you need to refer to a specific invoice to offset incoming payments or track invoices for tax purposes, our AP automation software for medium businesses is designed to make your days easier. In addition, our purchase order automation product  establishes a central location for managing requests, approvals, and purchase orders, so you can effortlessly view and manage everything in one place.

We also have payment automation technology, which can save your team thousands of hours annually.

Eliminating the need to print checks and mail envelopes for payment will save time and money in the long run. You must no longer have a staff member chasing down uncashed checks or responding to vendor payment inquiries. Our receivables automation platform also produces faster and more accurate reconciliation. Whether the person or company that you invoice prefers to pay with a credit card or ACH payment, all payments will hit your account with rapid succession, allowing your accounts to balance on a more routine basis. No matter what your midsize business needs are, we have an AP automation solution for you.

Add Hundreds of Payment Specialists to Your Team

A distinct advantage of choosing to partner with Paymerang is that in addition to elevating your company’s financial management abilities through our AP automation software, we go above and beyond to support your internal efforts.

We are confident that by maximizing our AP automation systems for medium-sized businesses, you will save your employees time, and your business money. With our proactive team of hundreds of payment specialists, we will be an extension of your business, following up whenever necessary to ensure you are getting the most out of your experience.

Unlock an abundance of security trained experts, each of whom are ready to help elevate you above your competitors. Schedule a demo today to get started!

Sam Denny

Sam Denny

As Paymerang’s Marketing Communications Manager, Sam plays a pivotal role in enhancing brand awareness, effectively communicating value propositions, and building strong connections with target audiences. Sam’s expertise is instrumental in shaping Paymerang’s narrative and ensuring consistent messaging across all channels. Sam oversees a hyper-talented team while executing projects involving strategic messaging, brand management, digital marketing, internal and external promotion, market research, quarterly strategy development, performance tracking, and executive reporting.