Aligning Your Organization Starts With Accounts Payable

Invoice automation can enable AP organizations to improve their invoice processing efficiency by over 50% while also gaining visibility into both PO and non-PO-based liabilities. But perhaps more important, it can also become a tool to help companies implement strategies to improve both working capital and supplier management.

 
This Basware report observes that companies fall into one of three stages of AP sophistication. These are:
  • Foundational
  • Building
  • Leading   
    
At each stage, organizations hope to achieve specific goals and outcomes by improving their overall AP performance and underlying technology and process platforms. 
 

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