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A well-established P2P process is central to the financial health and overall competitive strength of businesses—especially if they are seeking to build value while reducing costs. Since the P2P process always involves exchanging data and documents, buyers must manually check, compare, and validate information before further processing. Removing manual processes throughout the P2P process improves process efficiency and cost savings. Purchasing needs to automate document processing to achieve these results. By automatically processing all B2B documents along the P2P process, the Netfira Platform enables a bidirectional digital exchange of data and documents and makes businesses efficient and future-proof.
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