While most organisations understand that automating their finance processes will generate process efficiencies, many don’t understand the true value that automation offers suppliers’ Accounts Receivable processes.
Learn how Mohawk Industries, one of the world's largest manufacturers of flooring, has gotten on the fast track to achieving a best-in-class paperless AP environment by eliminating over 400,000 paper invoices with OB10.
At Kellogg's, over 80% of their invoices are electronic and over 70% are PURE touchless - matching 1st time and completely unseen. How did they get here and what does this mean for the role of the shared services operation?
Xerox has implemented several, cutting edge technologies to create a highly automated accounts payable process in a centralized environment, including workflow and e-Invoicing. Learn how to implement e-Invoicing and workflow in an integrated fashion, things to consider when acquiring enabling technologies, and how to select spend categories and suppliers.
Supplier Networks today are seeing a complete redirection in their purpose from a decade ago. Originally focused on sending purchase orders electronically, supplier networks today have become an important strategy for optimizing all interactions with suppliers, providing organizations additional value from supplier management to invoice processing. Aberdeen research has found that organizations using supplier networks are able to increase spend under management, while lowering costs related to supplier performance and achieve rates of supplier compliance.
Aberdeen Group has discovered that organizations that integrate invoice receipt with workflow through the use of supplier networks display significantly lower invoice processing transaction costs and cycle times than those that don’t. Learn the facts on the costs and benefits of integration.
The recession taught CFOs to push hard for productivity gains - and many are now aiming at core financial processes such as AR and AP. You may soon need to answer questions such as: are you sure you have isolated and targeted all cost drivers? Is too much time spent on exception handling or low-value activities? Do you have the right people in the right jobs? This informative webinar will review AR benchmarks from APQC, a world renowned, non-profit, business process benchmarking organization.
Forrester Research presents a business case for electronic invoice presentment and payment, solutions for all types of organizations, and recommendations for success. Learn how EIPP products can offer immediate ROI.
Join Zahid Khalid, author of Optimizing Back Office Operations: Best Practices to Maximize Profitability, as he explains the ways organizations can shrink the cash conversion cycle, drive profitability and better facilitate growth.
In accounts payable, finding places to cut costs can be extremely difficult considering the primary responsibility of AP is to pay bills. However, there are many ways AP can help their organization cut costs. Learn how two companies leveraged electronic invoicing and BIP to drive significant savings to their bottom lines.
Spend Matters, the leading online procurement and supply chain resource, has recently published a whitepaper reviewing the current state of e-Invoicing in the US and Europe. This comprehensive analysis explores a full range of issues that organizations need to consider when embarking on an e-Invoicing initiative, told from the holistic perspective of looking at the procure-to-pay process.