The High Cost of Manual Invoice Processing
For many businesses, invoice processing is one of those back-office tasks that’s quietly draining time, money, and morale.
According to research by the Institute of Finance & Management (IOFM), the average cost to manually process a single invoice is between £4 and £25, depending on the complexity of the process. Multiply that by hundreds or thousands of invoices per month, and you’re looking at a significant chunk of your operating costs an time being consumed by a task that could be largely automated.
The good news? Businesses using accounts payable automation reduce invoice processing costs by 50% or more—and that’s just the start of the benefits.
Here’s how automation transforms your invoice processing and drives real financial results:
Automated systems like TraX APA from Enterprise Imaging Systems extract invoice data straight from emails or uploads, with little to no human input. This eliminates the time spent typing, double-checking, and correcting errors.
“Instead of spending hours entering data, we now focus on verifying discrepancies and ensuring accurate payments. It takes away all those headaches. In that regard, it’s brilliant.”
— Tri Equestrian, Accounts Lead
Invoices are automatically matched to purchase orders and delivery dockets. Any discrepancies are flagged for review, reducing the time your team spends cross-checking and hunting down supporting documents.
“TraX automatically collates, reads, and verifies the invoice data. The accuracy levels are extremely high… any anomalies are clearly highlighted.”
— Petrochem
With predefined rules and alerts, automated workflows eliminate the chasing of signatures and approvals. This results in quicker invoice approvals and fewer late payment penalties.
Whether you’re using Sage, Intact iQ, or another ERP system, TraX integrates directly—ensuring invoices are posted correctly and are ready for payment with minimal human touch.
A Workforce That’s Evolving
Today’s employees—especially younger professionals—expect more from their roles. Mind-numbing, repetitive tasks like manual data entry, paper handling, and approval chasing simply don’t cut it anymore.
A Deloitte study found that 64% of employees would consider leaving a job that involved repetitive manual processes. Forward-thinking businesses understand this and are already evolving their operations to attract and retain top talent.
“TraX has had a really positive impact on my working week. Thankfully, time spent on those mind-numbing, repetitive tasks is now a distant memory.”
— Charlotte, Port Express Logistics
Why Now Is the Time to Act
In a tightening labour market and an increasingly digital economy, holding onto outdated, manual processes is no longer viable.
By automating invoice processing, you’re not just cutting costs—you’re laying the foundation for scalable, efficient, and future-ready finance operations.
Ready to Cut Costs by 50% or More?
Enterprise Imaging Systems has been helping UK and Irish businesses optimise their accounts payable function for over 20 years. With our TraX APA solution, our clients are:
“We’ve just gone live and today we’ve already posted 300 invoices for payment this month, a significant improvement from before TraX APA.”
— Glynns Homevalue Hardware
If you’re ready to take back control of your invoice processing and slash your costs, let’s talk get in touch or schedule a free accounts payable audit.
Investing in specialised eDMS and APA solutions can significantly enhance your business operations. These systems offer advanced functionality, tailored solutions, seamless integration, and continuous innovation, leading to improved efficiency and productivity. By partnering with experts in document management and accounts payable automation, your organisation can achieve greater accuracy, compliance, and overall performance.
At Enterprise Imaging Systems (EIS) we’ve been helping our clients save time, money and a whole lot of hassle for over 20 years. If you’d like to find out more about what our accounts payable automation software can do for your business, contact us today: Enterprise Imaging Systems | Free Trial – Enterprise Imaging Systems