Less than 30% of SAP ERP users choose to automate procure-to-pay (P2P) using the SAP P2P module due to the difficulty and cost involved in deploying the module, as well as the SAP user interface (which is not intuitive and can be difficult to use without training).
Instead, finance teams often perform manual processes and maintain spreadsheets outside of the system which leads to inefficiency and a lack of visibility over the entire process.
This white paper focuses on the drive for implementing a third party P2P solution and integrating it with SAP, how P2P automation works, and the benefits that organizations have achieved in deploying the solution, such as 80% straight-through invoice processing.
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.
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.
Organizations are beginning to realize the importance of vendor management, with it amongst the top procurement initiatives for 2021. Those that have already prioritized vendor management, are experiencing a number of improvements in areas that include supply chain efficiency, vendor relations, compliance, and risk reduction.
Date: Tuesday, December 13th, 2022
Time: 12:00am
In this webinar Brian Bertges and Garret Pearse from SoftCo discuss the benefits of automating AP in 2023.
As we wrap up a year of record-high inflation levels that prompted interest rate hikes around…