Understanding the true cost of your AP process is an important step towards gaining any benefit from your department.
How can you submit a business plan for your process improvement project before understanding the true cost of your AP process?
It is also important to understand how other companies are performing so you can gauge the efficacy of your team and see what others are doing that you are not.
ITESOFT have created the below infographic using data from the recent
PPN Annual Survey Results; The Future of Purchase to Pay.
Try to answer the following questions for your own business and calculate the true cost of your AP process, perhaps you will discover that your processes are not as economical as you might think.
Download the PPN Annual Survey Results Whitepaper Today!