Reduce Invoice Processing Costs
Stop paying $15-20 per invoice. Automated AP processing costs a fraction of manual methods.
The average company spends $15-20 to process each invoice manually. That includes labor, overhead, errors, and rework. AP automation can reduce this to under $5 per invoice while improving accuracy and speed.
The Challenge
Manual invoice processing is labor-intensive. Every invoice requires data entry, matching, routing, approval, and filing. Errors require rework. The true cost is often 3-5x what companies estimate.
The Solution
Nexus AP automates the entire invoice lifecycle. AI handles data entry. Matching happens automatically. Approvals flow digitally. The result is dramatically lower cost per invoice with better results.
How It Works
Assess Current Costs
Understand your true cost per invoice
Most companies underestimate by 50% or more
Clear visibility into all AP costs
Automate Capture
Eliminate manual data entry
10-15 minutes of typing per invoice
Seconds with AI extraction
Streamline Processing
Automate matching and routing
Manual lookup, filing, and tracking
Automated with exception handling
Accelerate Approvals
Digital workflow replaces paper
Days waiting for signatures
Hours with mobile approvals
Key Features
Automated data entry
AI captures invoice data with 99% accuracy
Touchless processing
70%+ of invoices process without human intervention
Digital workflows
Eliminate paper handling and filing costs
Error reduction
Fewer mistakes mean less rework and corrections
Scalability
Handle more volume without adding staff
Real-time visibility
Track costs and productivity metrics
Benefits
80% cost reduction
From $15-20 to $3-5 per invoice
Labor reallocation
Staff focus on value-added work
Error elimination
Reduce costly mistakes and rework
Faster close
Accelerate month-end and reporting
ROI Impact
| Metric | Before | After | Improvement |
|---|---|---|---|
| Cost per invoice | $15-20 | $3-5 | 75-80% reduction |
| Processing time | 15-25 min | 2-5 min | 85% reduction |
| Staff productivity | 50 invoices/day | 200+ invoices/day | 4x improvement |
| Payback period | N/A | 4-6 months | Quick ROI |
“We cut our AP department costs in half while processing 30% more invoices. The ROI was obvious within the first quarter.”
Frequently Asked Questions
What's included in cost per invoice?
True cost includes: direct labor, benefits, supervision, technology, office space, supplies, error correction, and opportunity cost. Most companies only count direct labor.
How quickly will I see cost savings?
Most customers see measurable savings within the first month. Full ROI is typically achieved in 4-6 months. Ongoing savings compound as volume grows.
Will I need to reduce staff?
Most companies reallocate AP staff to higher-value activities like vendor management, analysis, and process improvement. Automation handles growth without adding headcount.
Category
EfficiencyRelated Use Cases
Popular Industries
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