Manual accounts payable processes, such as contract compliance, processing invoices, vendor management and spend control, can be time-consuming, prone to human error and extremely costly for organizations.
All organizations are faced with the challenge of managing risk and in today’s climate, risk exists as the number one factor for organizations in driving change.
Remote working has highlighted a lack of control and visibility that exists with manual AP processes and this is leading to organizations accelerating their digital transformation as they come to realize the benefits of adopting technologies for now and in preparation for a post-Covid world.
According to The Hackett Group, cost reduction through automation is the No.1 initiative on the finance transformation agenda in 2021.
That being said, the risk of doing nothing is still the biggest challenge that all organizations face.
Download our webcast were we discuss the common challenges faced by AP teams in reducing costs and how SoftCo’s ExpressAP automation solution rapidly addresses such challenges.
Joe McCaul
VP North America - SoftCo
Joe is an industry leader in financial process automation and has worked closely with CFO's and finance professionals in Fortune 500, Fortune 1,000 and other industry-leading organizations to automate their Procure-to-Pay and Accounts Payable processes.
SoftCo's Brian Bertges and Jason Hery discuss why businesses must automate their AP Processes. Read more
Explore how to manage tariff volatility, improve cost tracking, and boost visibility with automation and smarter finance processes. Read more
Learn how AI helps automate exceptions, non-PO, and service invoices—plus where automation stops and oversight is essential. Read more
Mark Penserini, VP, Partner Management of Corpay & Jon Byrd, Payments Specialist at SoftCo, discuss how Payment Automation will transform your business operations.
This article reflects the implementation experience of Andrew Martin, Principal Consultant at SoftCo. When organisations begin…