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Electronic Invoice Management: Your Passport to Paperfree Accounts Payable
by PayStream Advisors


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White Paper > 06/17/2009
Invoice & Payment

The idea of a paperless corporation has filled the heads of futurists ever since information technology began to make big strides in the 1970s. Many people looked ahead to the year 2000 and theorized that by then businesses would exchange information in a fully electronic manner. The evolution and wide acceptance of the Internet further validated this theory. However, this has not come to pass in the business-to-business (B2B) landscape, particularly in the accounts payable (AP) world. No one ever imaged that removing paper from the AP process would be more challenging than putting a man on the moon, but all is not lost. While most organizations can only dream about being 100 percent paperless, certain innovations in technology show that this dream can be achieved.