Businesses are seeking to accelerate invoice processing and payment cycles, and AP automation has continued to evolve to boost efficiency and achieve faster, more transparent touchless financial processes with the help of Artificial Intelligence and Machine Learning.
This eBook serves as a guide for finance leaders, containing everything there is to know about Accounts Payable Automation.
Most accounting teams still rely on legacy systems to complete manual processes, often resulting in late payments that raise financial risks by consuming resources and hampering growth. Implementing AP Automation provides benefits that ripple through organizations, including reduced time and processing costs, enhanced supplier relationships and mitigating fraud.
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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.
Accounts payable automation can help organizations improve efficiency, maintain compliance, and free up AP staff to focus on growth initiatives. But how do you build a case for AP Automation?
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: Monday, February 26th, 2018
Time: 4:00pm
In this webinar, Garret Pearse and Michael Cullen of SoftCo discuss the current state of procurement and trends that you will need to master to ensure success in 2018.
Inefficient accounts payable practices result in late payments and lack of visibility which hurt your business….