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Microsoft invoicing software7/16/2023 ![]() These companies must also add the cost of processing checks, which AFP estimates can hit $360,000 per year for the average firm, as well as other associated payment fees. Processing an invoice comes with costs - according to Kofax, the median cost to process an invoice is $5.00, which can increase when a company is smaller and likely can’t save from bulk processing or other efficiencies.
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