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In many enterprises, AP and Treasury departments have not always been aligned to the same objectives. While AP prioritizes the daily processing of invoices and payments, Treasury focuses on optimizing working capital and managing liquidity and risk.
That game, however, has changed. In this infographic you’ll learn why AP and Treasury need to play on the same team to score the ultimate goal: a streamlined, end-to-end payables process
Uncover the three critical best practices that have helped these AP departments transform their processes and reshape their companies’ perception of the function.
Chief Financial Officers have wide purviews, but their time and attention is limited. It may not occur to them to zero in on one particular department for potentially massive improvements, but with technology evolving quickly and fraud threats growing, taking the time to drill in can lead to a host of unexpected rewards. One area of the business, in particular, affords huge opportunities and carries huge risk in 2020 and beyond: Accounts payable. This guide covers off on the potential benefits to automating and securing the function from the CFO's perspective.
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