The recent ascension of advanced technologies, including payment networks, in the business-to-business ("B2B") payment landscape, has driven greater interest by accounts payable ("AP") leaders in transforming this important business process area. But, while the development of a business case to transform B2B payments is relatively straightforward, AP's ability to succeed in doing so is often constrained by its limited resources and relatively low position within the enterprise.
Treasury, a direct beneficiary of an automated B2B payment process, can be a powerful ally in helping to both build and ultimately win the business case. This report discusses the steps that these two groups can take to partner and deliver a compelling and actionable case for B2B payment transformation.
InfographicPaymode-X: Success by the Numbers
Moving to electronic payments not only leads to greater efficiency in terms of cost, time, and security but also allows for organizations to increase AP automation, savings, and rebates.
On-Demand WebinarThe State of ePayables 2017: The Convergence of Cash, Suppliers and Intelligence
Ardent Partners found that 56% of organizations perceive the AP function as either "very" or "exceptionally" valuable to organizational operations. Listen to industry experts talk through all of the Ardent Partners 2017 research results and the future of ePayables in this on demand webinar.
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