What if over two-thirds of the people around you didn’t think much of the work you do?
More than three-quarters of senior managers believe that accounts payable is a tactical back-office function.
Why? Perhaps it’s the deluge of work accounts payable departments go through each day:
- Setting up suppliers
- Gathering payment details
- Collecting tax forms
- Keying invoice information
- Matching invoices with purchase orders and shipping documents
- Tracking down purchasers
- Searching for lost or misplaced invoices
- Setting up payments
- Reconciling payments
- Resolving payment issues
All these manual accounts payable tasks leave little time for strategic, value-added activities. But it doesn’t have to be this way.
IOFM’s latest white paper shows how emerging technologies and managed services can free accounts payable from the drudgery of transaction processing, so these professionals can focus their time on tasks that are more professionally fulfilling and more valuable to the organization.
The white paper details how manual processes negatively impact the perception of accounts payable among stakeholders, tallies the time businesses waste on manual invoice processing, describes one approach to touchless invoice processing, and shows the benefits of touchless invoice processing.
Want a seat at the strategy table? Download this white paper today!
Continuing Education Credits available:
Receive 1 CEU toward renewing APM, APS, APPM or APPS certification from the Institute of Finance and Management! The Accounts Payable Certification and Procure-to-Pay Certification Programs are designed to establish standards for the profession and recognize Accounts Payable and Procure-to-Pay professionals who, by possessing related work experience and passing a comprehensive exam, have met stringent requirements for mastering the Accounts Payable and Procure-to-Pay bodies of knowledge
This white paper is provided free of charge and underwritten by a sponsor. Following your download, you may be contacted by the sponsor with information about their products and services.
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