Improving the accounts payable (AP) process requires more than assessing the potential for productivity gains and cost savings. Top-performing AP organizations also focus on increasing stakeholder satisfaction, sourcing efficiencies, agility, and spend management.
Yet many organizations are still saddled with manual processes, long cycle times, and poor control over working capital. With suppliers at the heart of the AP journey, we find that adoption, a lack of collaboration, and complex supplier master data are barriers to digital transformation. Solving these challenges can flip your team from simple processors to AP heroes.
View this webinar replay featuring The Hackett Group’s Nicolas Walden, and Ivalua’s Stephen Carter to explore how top-performing AP organizations such as Select Medical and Credit Agricole leverage true end-to-end invoice automation to:
- Achieve 96% straight-through-processing of payment requests
- Cut the cost of supplier inquiries in half with self-validation and matching
- Increase invoice processing efficiency by 70%