AP Automation Checklist for a 2022 Rebound
This webinar will dive into the three areas of priority focus for finance leaders in 2021. After the disruption and resulting chaos from 2020, the best-prepared business leaders had or quickly put into place systems that were flexible enough to maintain the health of their organizations.
Now that the need for digital transformation and automated accounts payable processes are undeniable, the investment should be focused on those areas within AP that will have rapid, sustainable results and require a minimum threshold of work to get up and running
In this webinar, we’ll focus on three key areas that require optimization for success in 2022:
- Innovation starts at the very beginning with digitizing the front end of the AP process through the expanded use of electronic invoicing, focusing on healthy data quality and overall compliance
- Leaders need to also look for areas of improvement and including automation in their AP that could still be further improved to achieve true touchless invoice processing (with no human intervention needed)
- The tail of the process is just as crucial as preceding steps, but often is neglected the most; optimizing supplier payments can not only increase overall efficiency but also provide revenue streams back to the business through rebate programs