Centime has added a high-yield bank account to its AP Automation Solution, allowing businesses to earn interest on AP float and use this to cover the subscription costs of the AP solution. The move comes as part of Centimes strategy to streamline operations and establish a clear path to recouping your spend and making a profit on AP immediately. The companys cash management platform is designed for small- to medium-sized businesses and uses automation and artificial intelligence to handle AP, accounts receivable (AR) and banking solutions in one platform. The platform streamlines the AP process, reducing the need to manually process invoices and payments. Over 70% of mid-sized firms that have embraced full AP automation are satisfied with the outcomes, as did 40% of those who employed partial automation.
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