The Future of Accounts Payable

As major corporations continue to focus attention on cash and performance, and with an onslaught of new and complex government regulations, Accounts Payable departments are becoming more visible and are taking on more responsibility throughout the corporate landscape. Positioned as the hub between Procurement, Purchasing, Suppliers, Employees, Finance, Sourcing (and more), the AP department is forced to execute with precision, balance numbers and serve multiple constituents. As their tasks have grown more difficult over time, most AP departments have seen a steady decrease in resources, budget and head count.

Forced to exist within the "do more with less" environment, AP departments are adapting through the use of new technologies, partners and strategies. Tom Flynn and Bob Cohen, each bring 15 years of experience serving the AP industry to a deep dive discussion about what your firm must do to survive and then thrive in an educational session entitled "The Future of Accounts Payable."
In this presentation, the mediators will discuss:

• Achieving excellence in vendor data quality
• Using supplier networks & portals to add strategic value
• AP automation to reduce costs and streamline processes
• Effective collaboration between buyers, suppliers & finance/AP
• Unlocking new value streams in the payables process

Tom Flynn
Founder and Chief Marketing Officer, Lavante Inc.

Tom is a seasoned Software industry executive that has sold and serviced over 200 Fortune 1000 companies. His expertise and thought-leadership is recognized and well respected across multiple organizations and industries. Tom co-founded Lavante and has held leadership positions in sales and marketing throughout the company's history. He was the CEO of the fastest growing firm in the online gifting market and has had executive management roles at several other software companies. Tom is a well-known contributor to financial industry publications, thought leadership panels, educational workshops and webinars.

Bob Cohen
Vice President, Basware

Bob is responsible for Basware's North America marketing and analyst relations. He brings many years of accounts payable, finance, technology and e-invoicing knowledge and experience to his work at Basware and to the industry overall. Prior to joining Basware, Bob worked for American Express, Cendant, and Computer Associates.

Continuing education credits available:
Receive 1 CEU toward APM or APS recertification! The Accounts Payable Certification Program is designed to establish standards for the profession and recognize accounts receivable professionals who, by possessing related work experience and passing a comprehensive exam, have met stringent requirements for mastering the accounts payable body of knowledge.

This webinar is provided free of charge and underwritten by a sponsor. Following the webinar, you may be contacted by the sponsor with information about their products and services.