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What We Do
Since 1989, Bottomline has been modernizing global business payments with connected solutions for more than 800,000 financial institutions and businesses in 92 countries.
AP Automation AP Automation For Real Estate Payments Hub
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Connectivity Services Message Transformation & Enrichment Message Vault Risk Solutions
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It's time to bring the lessons of industry 4.0 to AP
With the continuing adoption of Industry 4.0, your shop floor has likely seen extensive changes as you incorporate the Industrial Internet of Things (IIoT), smart manufacturing, intelligent automation, and other technologies and innovations. But what about Accounts Payable (AP)?
In manufacturing companies worldwide, AP is still plagued by manual processes, a heavy reliance on paper checks, and lack of visibility. It is time to implement digital transformation that will enable AP to manufacture sustainable value for your business.
As on the shop floor, a holistic approach to digital transformation is vital. AP digitization should encompass invoice automation, complete payment services, vendor enablement options, and robust fraud prevention measures. This end-to-end strategy will drive business value in six key areas.
"60% of manufacturers say that time savings and improved productivity are the top drivers of AP process automation at their organizations."
Source: Strategic Treasurer, 2022
Download our executive brief to discover the five biggest benefits of streamlining AP at your organization.
When Avalon began discussions with Bottomline about the Cash Management and Payments solution, their frustration with their current TMS provider was at an all time high.
Greystone was challenged by managing more than 95 disbursing bank accounts across more than 44 properties. Dealing with paper- intensive processes and strict regulatory compliance added to the overhead and operational challenges.