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.
In this fascinating episode, Susan Spence, Co-Founder of SoftCo, discusses “Leadership and Management” with Ronan O'Gara as he gives insight into what he has learnt from managing elite athletes at the highest level in both hemisphere’s. Read more
Procurement expert Garret Pearse of SoftCo discusses and demonstrates how world-class organizations are using Procurement to minimize costs of AP by managing spend and contracts within their organization. Read more
In this webinar Brian Bertges and Garret Pearse from SoftCo discuss the benefits of automating AP in 2023. Read more
In this webinar, Garret Pearse and Michael Cullen of SoftCo discuss the current state of procurement and trends that you will need to master to ensure success in 2018.
Inefficient accounts payable practices result in late payments and lack of visibility which hurt your business….