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.
Our experts Killian McCarthy and Garret Pearse tackle the subject of managing contracts, their lifecycle, status, archival, and workflow to ensure renewal dates are not missed. Read more
In this webinar, Garret Pearse and Michael Cullen of SoftCo discuss the current state of the accounts payable landscape and trends that you will need to master to ensure success in 2018. Read more
Leading research shows that the centralization and automation of finance delivers significant benefits including immediate cost savings, the elimination of duplicated tasks, and improved visibility. This webinar demonstrates how standardization and automation can be achieved while overcoming the challenges of change management. Read more
Date: Wednesday, December 04th, 2024
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.
In the United States alone, traditional procurement processes consume over 10 billion sheets of paper annually,…