Division - Finance & Procurement
Finance teams lose time at both ends: keying invoices in by hand at the start, and chasing payment for them at the end.
Both are process problems before they are software problems, so that is where we start.
You're owed money you've already earned, and losing more chasing it than the delay is worth.
“We still key every invoice in by hand, and it costs us every time.”
Over two thirds of organisations manually key invoices into their systems, at up to five times the cost the best-run finance teams manage, with errors on 4 in 10 invoices processed this way.
“Some of our numbers still only exist in a spreadsheet.”
13% of CFOs admit to managing payments using spreadsheets alone, with no structured audit trail behind the numbers.
“We spend more time chasing late payment than the finance team should ever need to.”
UK businesses spend an estimated 133 million hours a year chasing money they are already owed, at a cost of £11 billion annually to the economy.
“Nearly half our invoices come in late, and it's not getting better.”
49% of small-business invoices were paid late in the year to June 2024, and the average UK SME was owed around £22,000 in late payments.
You shouldn’t have to spend as much effort collecting the money as you did earning it.
68%
of organisations still manually key invoices into their ERP or accounting software, with less than a third having any automated process.
DocuClipper Accounts Payable Statistics, 2026
$10+
per invoice is what bottom-quartile organisations spend processing accounts payable, nearly five times the $2.07 the top performers manage.
APQC, Open Standards Benchmarking: Accounts Payable, 2018
39%
of invoices contain errors when processed manually, feeding directly into disputes, duplicate payments, and delayed month-end close.
DocuClipper Accounts Payable Statistics, 2026
13%
of CFOs still manage payments using spreadsheets alone, with no structured audit trail behind the numbers.
Agicap 2025 State of Accounts Payable Management survey
133m hrs
a year is spent by UK businesses chasing money they are already owed, at a cost of almost £11 billion annually to the economy.
Department for Business and Trade and Office of the Small Business Commissioner, Late Payments Research, 2025
£22k
is what the average UK SME was owed in late payments in 2022, and nearly half (49%) of small-business invoices were paid late in the year to June 2024.
Department for Business and Trade, Payment and Cash Flow Review, 2023; FreeAgent, SME late-payment research, 2024
68%
of organisations still manually key invoices into their ERP or accounting software, with less than a third having any automated process.
DocuClipper Accounts Payable Statistics, 2026
What fixed looks like
Debtor.io (Late Payment & Credit Control)
conceptAutomates the chasing process itself, polite, consistent reminders sent on schedule, escalating appropriately, without a finance team member manually tracking who owes what and when to follow up.
Procurement Reconciliation
conceptMatches invoices against purchase orders and goods receipts automatically, flagging mismatches for a human to check rather than requiring someone to manually cross-reference three documents for every invoice.
Integrations & middleware
Separate procurement, accounting, and banking systems rarely talk to each other. Connecting them lets invoice, payment, and purchase data flow once, instead of being re-entered at every stage.
Show us where your invoice process breaks
Our locations
- DGxC Limited
United Kingdom
Bristol - DGxC US
United States
New York & Chicago - DGxC Canada
Canada
Ottawa & Toronto