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Executive Brief

What Every CFO Needs to Know About AP in 2020

Navigating the Risks & Opportunities in Accounts Payable

Accounts Payable can be one of the biggest sources of risk, waste, and cost in an organization, with 79% of businesses reporting that they were victims of payment fraud in the past year. There is significant opportunity, too.

Leading organizations turn AP into a profit center that makes timely, secure payments to happy suppliers, avoiding the pressures of too much paper, too many exceptions, and a lack of visibility and investment in technology through automation and fraud prevention. With the right investments and the right attention, the function can be one of a Chief Financial Officer's top performers, not the traditional risky department that it long has been. 

Organizations who have made the right changes to AP have found they can cut invoice and payment costs by up to 83%

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Full AP automation is the best way for organizations to enhance security, streamline operations, and optimize working capital. ​​​​​​​​​​Watch to find out more.​​​​​​​

Continuing Content

eBook

The 2020 Guide to Accounts Payable Transformation

This best practices guide outlines the importance of transforming accounts payable from a paper-based, inefficient function into a streamlined, secure and intelligent operation with great value to the larger organization. Read to better understand the value proposition of AP automation, invoice process refinement, and enhanced payment opportunities.

Video

Transform Accounts Payable into a Profit Center

Finance executives always talk about Accounts Payable’s costs, many inefficiencies, and risks. If they only knew how easy it was to increase AP’s efficiency, security, and profitability with Bottomline’s end-to-end AP Automation solution. Watch this 2-minute video to find out how AP automation can help you.

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