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.
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 white paper outlines how to achieve standardization and reduce labor costs by up to 80% while overcoming the most common challenges of internally centralizing finance.
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.
Date: Wednesday, June 21st, 2023
Time: 12:00am
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…