Four Ways Shared Services Organizations Can Extend the Value of their ERP Investments with Accounts Payable Automation

ERP applications lie at the heart of financial operations. They manage an organization’s payment terms, supplier data, policies, Invoice information, and financial data.

Yet many ERP applications are not optimized because the Accounts Payable processes that feed them rely on manual, paper-based processes.  As a result, data fed into the ERP is incomplete, incorrect or not timely, processes are inefficient, and decision-makers do not have access to key variables.

The impact of relying on manual, paper-based Accounts Payable processes is especially pronounced in the growing number of shared services centers, where invoice processing is more complex, and businesses are more likely to use multiple ERP applications in an operation, region, or worldwide.

Shared services organizations cannot afford the data challenges of poorly integrated payables and ERP systems and processes.

The information in this white paper will help your shared services organization improve the way it captures, validates, routes and manages accounts payable data across multiple ERP applications.

Download IOFM’s latest white paper and learn:

• Why more Accounts Payable departments are operating as part of a shared services organization
• The challenges of manually processing invoices in a shared services organization with multiple ERPs
• How enterprise content management (ECM) solutions address these challenges

Download the white paper now!

Continuing Education Credits available:

Receive 1 CEU toward APM, APS, or P2P recertification! 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.