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Learn how AP automation
can benefit your organization

Taubman is an award-winning global retail property management group that owns, manages and/or leases 26 outlet shopping centers in the US and Asia. With so many locations, the company struggled to centralize its multiple AP processes – totaling millions in AP spend annually.

It decided that automating AP processes from end-to-end would solve three areas that posed challenges:


 

  • Lack of visibility into invoice status
  • Loss of early-pay discounts due to a slow approval process
  • Limited reporting and auditing capability


Find out how Taubman seamlessly consolidated its AP function, reallocated staff to value-add projects and implemented mobile technology to have executives approve invoices, from wherever they are.

Key objectives for Taubman

BT documentation & messaging 49

Approve invoices quickly and effectively

BT process & representation 124

Convert from checks to electronic payments

BT security fraud & risk 158

Increase visibility & security

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