Process mapping

The Key to World-Class AP

May 17, 2021

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What separates world-class AP teams from everyone else is a simple concept: process consistency, enabled by automation. It’s the combination of those two things that drives performance. However, an alarming number of AP teams have automated without focusing on process standardization. More than three in five (62%) AP departments have yet to complete at least one of the five foundational process steps, and yet the vast majority (77%) have already invested in automation.  That’s the takeaway of a…

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