January is behind us, and your hectic year-end close is now a distant memory. As for me, well, I’m just getting around to publishing my first blog post of 2011.
Today’s discussion centers around executing plans for 2011. The challenges are very familiar to us all: getting the most from an already stretched AP budget, and assessing options for automating AP. In conversations with my peers in AP or when working with new AP organizations, I hear the same questions over and over. How do I get started? What results can I expect?
To begin to answer these questions, it makes good sense to learn from the success of others. At Ariba, many of our customers and AP Professionals are finding great value from converting paper invoices to an electronic format with Ariba Invoice Conversion Services—what many consider a "jump start" to AP automation.
With this approach, you eliminate the cumbersome day-to-day processing of paper invoices. Your paper invoices are converted to an electronic format, and delivered to the Ariba network along with your electronic invoices. The result? You can manage all your invoices from one location. Your AP staff becomes more efficient, get cost reductions, and have more time to focus on value-added activities.
But don’t take my word for it. Hear from RockTenn in our February 17 webinar, Beyond Scanning and Workflow: Can You Achieve 100% Paperless Processing in Account Payable?
Meanwhile, are any of you planning to move more invoices to electronic this year? Let me know the steps you are taking, and the main drivers of your business case.
Looking forward to a great 2011,