The shift to remote or hybrid work brought on by the pandemic has made it very clear that strong internal collaboration is essential to every business. For procurement teams, the pandemic has heightened the urgency to partner with finance, and in particular, the accounts payable (AP) team.
Supply management systems, which automate the full Source-to-Settle process, sit at the intersection of most procurement and AP processes and provide a great platform to bridge the gap between the two teams and unify their processes, priorities, and efforts.
View this insightful report from Ardent Partners as it examines why a robust procurement and finance/AP partnership that manages a holistic, integrated, and automated Source-to-Settle process is clearly more than a nice-to-have – it is critically important to the health of your entire enterprise.