In the world of paper invoices, accounts payable often needs two things to pay the bills: more time and more people.
That’s because an AP department built around paper is a cost center consumed with overhead: performing data entry, fixing invoices with errors, and answering phone calls about payment status. That leaves little time for strategic activities that can help move a business forward.
There’s magic, though, in a digital economy, where business networks connect buyers and suppliers, and invoices can process themselves. When that happens, the AP function can rise above the paper to play a vital role in helping procurement enforce compliance, and support corporate initiatives to manage cash and working capital.
If you’re ready to move beyond paper invoice processing, then you’ll want to attend this session at SAP Ariba Live: Mission Possible: You Can Achieve Touchless Invoice Processing.
Where: The Cosmopolitan – Las Vegas, NV
When: Tuesday, March 15, 3-4:15pm
In the session, you’ll learn about invoice processing breakthroughs at Bemis Corporation, Holiday Retirement, and Tesoro Companies. The discussion will feature results you can achieve by moving from high touch to high value activities in AP, including:
If you’re ready to streamline invoice processing, eliminate errors and exceptions, and improve on-time payment performance, make sure to join us in this session at SAP Ariba Live.