For organizations with multiple entities in different locations, decentralization of finance functions results in complexity, duplication of resources, and a lack of visibility over financial processes.
Centralizing finance functions is an effective solution for standardizing processes, reducing overheads and labor costs, and obtaining a clear view over the whole organization. Automating procure-to-pay processes allows organizations to reap additional benefits including improved control over spend, faster invoice processing times, and enhanced employee productivity.
Centralizing and automating finance leads to significant benefits, including standardization, the elimination of duplicated tasks, and a reduction in labor costs by up to 80%. This paper outlines how to achieve these results while overcoming the challenges of internally centralizing finance, including change management.
Accounts payable automation can help organizations improve efficiency, maintain compliance, and free up AP staff to focus on growth initiatives. But how do you build a case for AP Automation?
This white paper details how organizations can deploy third party P2P solutions to leverage their NAV investment, outlines integration methods, and presents results that companies have achieved including 80% cost reductions.
AP and finance teams that are already leveraging RPA are experiencing powerful benefits across a number of dimensions including reduced costs, improved compliance, quality/accuracy, and productivity.
Date: Wednesday, June 21st, 2023
In this webinar Brian Bertges and Jason Hery discuss manual challenges faced by AP teams and how SoftCoAP can rapidly solve these.
Balancing the need for customer requests and upgrades with the demands of software development and deployment…