According to Ardent Partners, the average processing time for invoices is over 10 days, however, best-in-class organizations who are leveraging procure-to-pay automation systems take only 3 days. The same study found that these best-in-class organizations are also saving over $11 on every invoice that they process.
These are just a couple of benefits procure-to-pay automation can provide for organizations. This white paper focuses on the drive for implementing a third-party P2P solution and integrating it with Oracle.
Download this white paper to discover:
Business processes in the healthcare industry often involve more complexity and risk than in other sectors and requires a great deal of accuracy in order to keep sensitive information secure and costs down. This white paper serves as a guide on the drivers for implementing AP automation and the value it adds to the hospital supply chain, ensuring tangible results including 86% increase in productivity.
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.
This white paper explains the details behind transforming this paper-based process which leads to considerable results, such as a 300% improvement in invoice processing times.
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…