WHAT CFOs NEED TO KNOW ABOUT Automating Accounts Payable
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Today’s CFO is tasked with ensuring that the finance team operates at peak performance, with an eye toward lowering costs, increasing speed, and reducing bottlenecks in the system. With competing priorities and busy teams, it’s hard to know which initiatives will best move the needle. Because it is not necessarily viewed as strategic or innovative, the Accounts Payable department is often overlooked..
This eBook explores some of the key issues that CFOs need to consider when revamping the invoice-to-pay process.
o Identifying the current bottlenecks in the invoice-to-pay process
o Understanding best practices for invoice-to-pay automation
o Learning the benefits of moving AP spend onto corporate credit cards
o Build better relationships with vendors through better payment processes