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.
In this webinar, we go beyond the hype and the fear of AI. We show you how AI is not about replacing jobs, but empowering AP teams to work smarter and focus on what truly matters. Read more
Accounts payable automation improves efficiency, ensures compliance obligations are met, reduces fraud, and frees up AP staff to focus on growth initiatives. But how do you build a case for AP Automation? Read more
Accounts payable automation improves efficiency, ensures compliance obligations are met, reduces fraud, and frees up AP staff to focus on growth initiatives. But how do you build a case for AP Automation? Read more
Discover how eInvoicing and Peppol work, what mandates mean for your business, and how to streamline AP with structured, compliant invoice processing.
When finance teams think about accounts payable automation, their minds go to faster approvals, fewer manual…