Achieve Success in 2023: Tips from 5 Best in Class AP Organizations

In a constantly shifting global business environment, AP must be ready to act quickly to pay key suppliers, control unplanned spend, and protect their organization from fraud. In this masterclass , discover how 5 best-in-class AP organizations were able to successfully optimize and accelerate AP processes to increase straight-through invoice processing (STP) rates, lower processing costs, and optimize outbound cash flows. Our experts will explore the simple steps these organizations took to achieve these results and provide tips on what you can do to ensure similar success in 2023.
Watch this Webinar Recording and learn how these organizations were able to successfully:

  • Eliminate Manual Tasks 
    Digitize information and eliminate paper and manual steps for greater visibility and faster, more accurate invoice processing

  • Quickly Comply with New eInvoicing Standards 
    Take advantage of “as a service” invoice capture solutions to meet the latest e-invoicing standards with minimal effort

  • Standardize and Streamline Global Processes 
    Streamline processes using intelligently automated workflows and web or mobile features that will reduce touchpoints, improve access, and accelerate processing for every invoice

  • Increase Straight Through Processing Rates
    Optimize straight-through processing rates by keeping master data up-to-date and working with your top vendors to ensure they provide digital invoices that include key information

  • Monitor Key Metrics
    Review real-time AP metrics including automation rates, exceptions, processing times, and more to continuously improve process efficiency and effectiveness.

 

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