How modern AP frees capital, shortens cycle time, and reduces exceptions

AP backlogs don’t just frustrate accountants—they slow the field. Work pauses while invoices age. Vendors get nervous. Projects wait. E‑invoicing fixes the root cause: fragmented approvals and manual matching.

What actually changes

• Cycle time compresses. Touchless routing and digital approvals move invoices from days to hours.
• Exceptions shrink. Three‑way match (PO/field ticket/invoice) is automated, so only real variances hit human queues.
• Spend visibility improves. Analytics show rate compliance and vendor performance—before month‑end.

How to roll it out without chaos

1. Pre‑load vendor catalogs and rates; lock in coding rules before go‑live.
2. Pilot with cooperative vendors to prove the path and build credibility.
3. Train approvers on the mobile flow (approve, reject, request info) in minutes, not hours.
4. Publish SLAs (e.g., <48‑hour approvals) and honor them—trust is a schedule, not a slogan.

What finance will notice

• Faster close. Fewer accrual “guesstimates.”
• Lower rework. Less time on detective work, more time on analysis.
• Healthier vendor relationships. Partners are paid on time and ready to scale with you.

Final thought

When invoices move at the speed of work, capital does too—and your best vendors stick around to help you grow.

For context from the field, watch Robert Wichert’s conversation on our YouTube channel (Wisdom at the Wellhead). Check out the link here - https://youtu.be/wTEYnWUMbBg