Businesses are asking more of their accounts payable departments.
Accounts payable is expected to transform from a tactical back-office function into a hub of strategic real-time information for better controlling outbound cash flows to:
• Improve working capital
• Mitigating payment fraud
• Strengthening supplier relationships
Meeting this challenge will require accounts payable departments to automate their manual, paper-based processes and adopt integrated, digitized invoice-to-pay solutions.
Emerging technologies such as the cloud, robotic process automation and managed services make the business case for automation more compelling than ever. Accounts payable departments have no time to lose: delays in automating their operations put their department and their business at risk.
IOFM’s latest white paper reveals the importance of transforming the invoice-to-pay process, explains why it’s essential to migrate to an integrated, digital environment, lays out the benefits of digital invoice-to-pay solutions, and details three ways to future-proof the invoice-to-pay process.
If you want to ensure the staying power of your department, this white paper is for you!
Continuing Education Credits available:
Receive 1 CEU towards IOFM programs:
Receive 1 CEU towards maintaining any AP and P2P related program through IOFM! These 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 financial operations body of knowledge.