December 8, 2020 11:00 am
While the processing of supplier invoices (Procure-to-Pay) is a highly regulated, complex, and a significant source of costs and risks for companies, it also represents a key element in the productivity and performance of finance departments.
Discover 5 key challenges companies are facing in their AP journey, why it is a must to accelerate the Procure-to-Pay digitalisation, and adapt to change in these unprecedented times.
The digitalisation of P2P is a priority for CFOs in 2020.
The processing of supplier invoices (Procure-to-Pay) is complex, highly regulated, all too often manual and a significant source of cost, disputes and risks for companies.
In 40 minutes, ITESOFT will give you the 5 reasons to digitalise the P2P process by highlighting the challenges and benefits of each of them.
Digitise and automate a process as critical as that of Procure-to-Pay: Much more than just a good resolution, it is a desire affirmed and shared by more than 50% of Finance decision makers.
A desire due to the fact that the processing of supplier invoices impacts productivity, profitability and even the reputation of companies.
Data is vital to business
Quality capture decides the success of every other step in automation
The more you capture & the better the quality, the better the outcome…
Inundated with supplier phone calls?
Receiving multiples of the same invoice?
Invoices being sent into different locations?
Suppliers failing to include all the necessary information?
Struggling to validate supplier data change requests?
ONLINE 1-2-1 DEMONSTRATION
Discover a new form of digital transformation for your Accounts Payable department during a dedicated 30 to 45 minute, online demonstration, of Streamline for Invoices. The latest in as-a-service software for Accounts Payable.
Modern Finance & AP Managers are expected to deal with much more than simple budget management, cost benefit analysis and forecasting. In addition to being good with numbers they also need to be effective change managers, innovation drivers, and able to empower their teams.
“With effect from 1 April 2019, if your taxable turnover is above the VAT registration threshold you must follow the rules set out in this notice.”
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