Less than 30% of SAP ERP users choose to automate procure-to-pay (P2P) using the SAP P2P module due to the difficulty and cost involved in deploying the module, as well as the SAP user interface (which is not intuitive and can be difficult to use without training).
Instead, finance teams often perform manual processes and maintain spreadsheets outside of the system which leads to inefficiency and a lack of visibility over the entire process.
This white paper focuses on the drive for implementing a third party P2P solution and integrating it with SAP, how P2P automation works, and the benefits that organizations have achieved in deploying the solution, such as 80% straight-through invoice processing.
AP and Procurement teams that have already optimized their P2P strategies are experiencing a number of improvements to their working capital performance, including greater liquidity, increased profits and improved operational efficiencies. This eBook focuses on the benefits of positive working capital and the P2P strategies for achieving the correct level.
Incorporating the results from a 2022 finance leadership study in conjunction with IFOL, this White Paper discusses five of the most important areas that today’s finance leaders are prioritizing and why they are important.
This whitepaper, written in partnership with Levvel Research, will offer guidance for organizations that are looking to transform their P2P by delineating the soft and hard costs of manual methods and discussing the possible ROI from automation. It will also present steps for securing buy-in for a solution and a roadmap for those on their P2P implementation and optimization journey.
Date: Wednesday, April 12th, 2023
In this webinar Brian Bertges and Jason Hery discuss the critical steps required to build your case for AP Automation.
Traditional SaaS Multi-tenancy architectures emerged as a cost-effective architecture for providers. However, with the explosion of…