![What does it [really] cost to process an invoice?](https://static.wixstatic.com/media/5cb91f_4430dea0cf544cb98557080dddd5660b.jpg/v1/fill/w_469,h_331,fp_0.50_0.50,q_90/5cb91f_4430dea0cf544cb98557080dddd5660b.jpg)
What does it [really] cost to process an invoice?
Studies by various industry organizations show companies cost-per-processed-invoice is higher than $20.-- That's to manually process and pay a single invoice. These numbers have been researched worldwide and confirmed to be very similar in Europe and the US. As restaurant and hotel managers are salaried, many consider their cost as an "anyhow cost": a payroll expense that is incurred no matter what. Therefore, so the logic, it does not matter if they spend time doing 'the bi