Global and UK-based regulations are encouraging finance teams to embrace digital processes – particularly as HMRC’s ambition is to become the most digitally advanced tax administrations. Get clarity on global and UK-based regulations and find out how AP automation can help you comply.
Digitalising the finance function became a major challenge for organizations of all kinds in 2020. However, these regulations should not be viewed solely from the perspective of the risk they represent in terms of non-compliance and related sanctions. They are actually an invitation to bring order to one of the most manual and costly business processes, enabling companies to take full advantage of AP automation and therefore establish a solid management foundation that is essential for the development and continuation of service.