Duplicate invoice payments occur far more frequently than most organizations realize. On average, approximately 0.1% to 0.05% of invoices paid are typically duplicate payments—which for a medium-size organization with annual costs of $100 million over a three year period could represent a loss of $300,000.
Download this white paper to:
- View the main causes for duplication
- Learn how to deal with vendor duplicates and manual check requests
- Discover ways to handle paying from multiple source documents
- Understand best practices to detect and reduce duplicate payments