Revolutionising Accounts Payable – in Shared Services and beyond
Despite the move towards centralising control of accounts payable (either internally or externally) in order to reduce costs, many organisations have only been able to improve efficiency and productivity to a certain point, overall.
Where can AP leadership take their teams next?
With the constant need to do more, better and faster, the answer to continuous AP evolution lies in adapting to what best-practice organizations are already doing: seamless, paperless invoice processing from sourcing through to payment.
By adopting an AP automation solution, you can benefit from:
Processing time and cost savings
Early payment discounts
Fewer errors and manual processes
Complete visibility over spend and suppliers
Integrates easily with existing financial systems
Break through to become a value and profit engine!
Without automation, inefficient processes, late payments and high operating costs are still the norm – but even with automation it’s possible to go further, to drive more value and make AP so efficient and so full of insight that it can lead the way to better business decision-making.
Turn your AP department Into a profit centre with insights from this report, including:
The importance of using input data that is already in your control;
How to get smarter, improve transparency and shift from cost-minimization to profit, by way of analytics; and