Look for a payment-processing system that gives you the option to automate these and other related tasks. Integration with third-party plugins can even automatically update your spreadsheets and inventory-management systems or send notifications to your customer service team.

The more invoices and payments your company processes, the greater the impact automation can make. According to Financial Executives, departments using highly automated systems are 16 times more productive at processing invoices than counterparts that don’t use any automation. Giving your staff the opportunity to focus on higher-level strategy rather than mundane payment-processing tasks will help your company’s production expand exponentially.