 | Manual processes are the root cause for impediments to accounts payable visibility, including bad supplier data, burdensome collection of accurate tax documentation, costly payment errors, strained supplier relationships, high operational costs, and poor reconciliation processes. In a paper-based environment, essential information is not captured, data is poorly organized, information is not timely, systems are not well integrated, and decision-makers do not have access to key variables. Not surprisingly, improved reporting and analytics tops the accounts payable priorities of 40 percent of businesses surveyed by Ardent Partners. In this paper, you will learn the 4 ways that manual AP bottlenecks manifest themselves and the 6 cash flow benefits experienced by companies who modernize their AP processes. Request Free! |
