16-10-2019 17:07 via accountancyage.com

Expense automation: Why the real divergence is between digital and analogue companies

A report by FX and payments company, Caxton FX has found that almost a quarter (23%) of UK companies are still using “old fashioned” manual processes when it comes to expenses.
The report, Corporate Spending in 2019, found that for 50% of the one million companies still stuck in manual processes, the cost of upgrading to digital was seen as prohibitive. However, this was apparently leading to a trend whereby companies are no longer distinguished by size, but by whether they are digit
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