Following a previous reliance on debt as a source of working capital, organizations are now switching their attention to the likes of inventory and accounts payable management.
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.
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This whitepaper, written in partnership with Levvel Research, will offer guidance for organizations that are looking to transform their P2P by delineating the soft and hard costs of manual methods and discussing the possible ROI from automation. It will also present steps for securing buy-in for a solution and a roadmap for those on their P2P implementation and optimization journey.
This paper focuses on the drive for implementing SoftCo P2P with SAP and the benefits that organizations have achieved such as 86% increase in productivity.