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.
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
Are you struggling to control spend in your business? Too many unapproved suppliers, inadequate budget controls and poor segregation of duties? Does your organization have multiple suppliers for the same goods and services, failing to benefit from supplier discounts and suffering from an overall lack of visibility over spend? If this sounds familiar, it’s time to take back control! 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
Date: Tuesday, November 12th, 2024
In this webinar, discover the key metrics to assess your current AP process, estimate ROI, and align automation with your organization's goals. Perfect for those new to or refining their automation approach.
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