Discover How IBN Tech’s Accounts Payable and Accounts Receivable Services Can Help UK Businesses Reduce Purchase Invoice Processing Fees to Under £25

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Originally posted on August 11, 2023 @ 12:19 UK businesses are facing a major financial strain due to the costly and intricate process of processing purchase invoices, as revealed by a recent survey. The survey found that costs associated with the process range from £4 to a staggering £25 per invoice, and 92% of local authorities have exceeded the established £1 target for invoice processing costs.

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