What if your AP department could realize a positive ROI and transform itself into a profit center?
Organizations are doing just that by reducing the cost of processing invoices and paying suppliers while earning cash-back rebates on electronic payments and capturing more early-payment discounts.
While this may sound too good to be true, many AP departments have successfully transformed themselves into a profit center, realizing a typical 60 percent to 80 percent reduction in invoice processing costs and 90 percent or more in savings from converting to electronic payments.
Becoming a profit center also raises the stature of AP– and the professionals who lead it.
Want to transform your AP department into a profit center?
IOFM’s latest white paper details the reasons AP has traditionally been a cost center, four steps to transforming AP into a profit center with positive ROI, and an action plan for moving forward.
Download this white paper today to start on your way to achieving a positive ROI.
Continuing Education Credits available:
Receive 1 CEU toward renewing APM, APS, APPM or APPS certification from the Institute of Finance and Management! The Accounts Payable Certification and Procure-to-Pay Certification Programs are designed to establish standards for the profession and recognize Accounts Payable and Procure-to-Pay professionals who, by possessing related work experience and passing a comprehensive exam, have met stringent requirements for mastering the Accounts Payable and Procure-to-Pay bodies of knowledge
This white paper is provided free of charge and underwritten by a sponsor. Following your download, you may be contacted by the sponsor with information about their products and services.