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Expanding on Your SAP Investment with Best-in-Class Accounts Payable Automation

Forward-thinking companies are discovering that by leveraging accounts payable (AP) automation solutions, they can eliminate the inefficiencies and waste associated with paper-centric processes. But before automating, finance leaders must explore a number of key considerations; namely, the choice between using a tool inside SAP or using a certified external solution with data recognition, validation, and workflow.

IOFM Virtual AP Demo Day

Join us on February 17th for our next Virtual AP Demo Day and learn how IOFM’s partner ecosystem can empower your AP team. Industry-leading organizations will demo products that can streamline processes, automate workflows, and ultimately save your organization money.

This live, day-long event will feature multiple 45-minute virtual sessions where you’ll have the opportunity to:

AI and RPA: The technology powering order management digital transformation

Advances in automation technology are digitally transforming the way businesses operate by creating new efficiencies, enhancing customer experience and making competition fiercer. By utilizing artificial intelligence (AI) and robotic process automation (RPA), organizations are experiencing benefits they can take straight to the bank. However, before businesses can achieve their own digital metamorphosis, it is important for them to understand what these technologies are, what they are not and, more importantly, how they add value to their order-to-cash cycle.

Hayward Distributing Co.

Hayward Distributing Co. is a national outdoor power equipment distributor of over 50 brands of top-quality outdoor power equipment to thousands of retailers across the country. The company takes pride in its dedication to promoting improved business practices and wholesale excellence; however, with 3,500 customers and a completely manual accounts receivable (AR) department, collecting paper checks in a timely manner was becoming increasingly difficult.

Supply Chain Automation: Optimizing Cash Flow in the Age of Uncertainty

Many treasury and finance leaders face unexpected challenges in managing cash flows due to the ongoing impacts of COVID on market dynamics. The good news is that many companies can mitigate cash flow uncertainty and impact the bottom line by removing inefficiencies in P2P and O2C and unlocking the value of the relationships across their supply chains. We will explore what P2P and O2C done right looks like in theory and then show you how companies are leveraging technology to put theory into practice.

MCR Safety Customer Story

BACKGROUND

MCR Safety is a leading international distributor of personal protective equipment (PPE) headquartered in the Memphis area. Before automating with Esker, the company was using another sales order management solution that wasn’t able to deliver the value and functionality needed to keep up with business. Even with the automation tool, MCR’s order management process was inundated with manual touch points that hindered processing speed and workflow efficiency.

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