Why AP Automation Initiatives Often Fail—and What to Do About It, Part 6

In the last part of this series, we discussed the importance of assembling a team of people from every single department that touches the P2P process, even those on the periphery, like technology and human resources. This team will map the overall process from start to finish. Figure the Costs After a detailed process map has been created, costing should be done for each step. This facilitates weeding out processes that cost more than they yield in benefit. For example, a nominal overpayment…