Accounts Payable - Solution

Improving the Accounts Payable Process

By taking keystrokes out of the process and adding visibility, the Accounts Payable solution delivers immediate additional return on investment.AP Specialists benefit from a fully optimized process for effective financial planning, efficient supply chain management and strong vendor relationships.

• Lower purchase-to-pay process costs by as much as 40–60%
• Receive and enter vendor invoices up to 65% faster
• Take full advantage of fast-payment discounts
• Prevent late and duplicate payments
• Improve response to vendor inquiries concerning invoice status
• Improve cash-on-hand planning
• Eliminate redundant ERS invoice processing
• Benchmark metrics such as vendor cost and employee performance
• Ready access to information for reporting and analysis to balance workloads and identify process bottlenecks

Accounts Payable Case Study

Learn more about Account payable process