Cash Conservation Tips

While there are many opportunities to conserve cash within an organization, our question this month focuses on AP’s role in cash conservation. IOFM asked members of the network: In what ways can AP departments assist with cash conservation and reduce the adverse impact on suppliers? Here are their responses: ‘Automate and Streamline Processes’ “Conservation begins with streamlining processes from start to finish and then automating these processes,” says Cindy Hussey, AP Manager at…