The constant pressure to improve financial efficiency and cash flow on a corporate scale is a truly daunting task.
With so many stakeholders at play, managing such complex processes presents significant logistical challenges. How can you improve efficiency when there are hundreds, if not thousands of invoices in action all at the same time? How can you lower operational costs without sacrificing quality or performance?
When it comes to these difficult questions, you’re not alone. Here are the five biggest challenges faced by organizations like yours in the quest to optimize finances, operations and overall efficiency.
"Paper-based systems rely heavily on manual effort, leading to major inefficiencies such as human error and unnecessary resources that negatively affect all levels of working capital throughout an organization"
White PaperTransforming Accounts Payable from Paper to Paperless
Less than one-quarter of accounts payable departments describe their invoice processes as being “highly automated,” Institute of Finance and Management (IOFM) reports
Research ReportArdent Partners ePayables 2017: The Convergence of Cash, Suppliers, and Intelligence
Optimize your AP automation by gaining insight into today’s leading finance professionals. Read the full report now to achieve reduced cost and faster payments with ePayables.
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