What may be the biggest opportunity to improve the efficiency of accounts payable?

Question

Quizplus · Accepted Answer

Streamlining noninventory purchases can help improve the efficiency of accounts payable by eliminating unnecessary steps in the purchasing process and reducing the number of invoices that need to be processed. This can be done by implementing purchasing controls, negotiating better contracts with vendors, and automating the purchasing process. The other options may also improve efficiency, but streamlining noninventory purchases is likely to have the biggest impact.

What May Be the Biggest Opportunity to Improve the Efficiency