If you’re considering implementing Accounts Payable (AP) automation in your business, you must be thinking, “How much does AP automation cost?” The answer to this question is more complex than you might hope because every company and organization is unique. However, we can provide some insights into the factors contributing to the overall cost and help you understand why AP automation is an investment rather than an expense.
In this comprehensive guide, we will discuss recurring costs, one-time costs, and additional factors that impact the cost of AP automation. We will also explore the potential return on investment (ROI) you can expect from implementing AP automation in your business. This article aims to help you discover how much AP automation will cost you, the factors contributing to its pricing, and how to gauge if it’s an investment rather than an expense.