Much has been written about the value of accounts payable (AP) automation technology in driving efficiency, productivity and cost savings across the enterprise, but just how tangible can that value be? Consider the story of a major architectural glass and aluminum fabricator and distributor – one of Metafile’s longest-running customers.
Internal control is nothing new. In fact, it dates back to ancient civilizations as early as the 13th century. It was not until the signing of the Security and Exchange Commission (SEC) Acts of 1933 and 1934, that a form of internal control was mandated in the U.S.
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