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.
A panel discussion in conjunction with IFOL featuring Amar Shah, CFO at RJ O'Brien, Caroline Adams, Top AP Influencer, & Adam McDonagh of SoftCo, focusing on key and emerging trends in digital transformation and a prediction of what to expect for the rest of 2022. 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
In this webinar Adam McDonagh and Garret Pearse discuss the main reasons why organizations need to Automate their AP function. Read more
In this fascinating episode, we discuss “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.
How AI is Transforming Accounts Payable AI-powered AP automation addresses the most manual of accounts payable…