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:
AP and finance teams that are already leveraging RPA are experiencing powerful benefits across a number of dimensions including reduced costs, improved compliance, quality/accuracy, and productivity.
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.
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.