There is significant enterprise value hidden in the supplier, or vendor, payments that enterprises make every month. Smart organizations realize this, and have begun examining their payments process to uncover every scrap of enterprise value possible. As a result, the supplier payments approval workflow has also started to be considered as part of a holistic process – especially in Best-in-Class companies.
Did you know that cost per payment in Best-in-Class companies is 10 times lower than in other companies? How are these high-performers achieving this significant result? What other hidden value are they uncovering across the procure-to-pay (“P2P”) chain? What payment strategies and technologies can you adopt to attain best-in-class?
Join Andrew Bartolini, chief research officer of Ardent Partners, and Drew Hofler, senior director of solutions marketing at SAP Ariba, for a joint webinar, B2B e-Payments: 5 strategies to unlock value in your Procure-to-Pay chain, on February 25 for answers, and to learn the steps you can take to craft real supplier payment strategies and drive value throughout the P2P chain. Ardent Partners will share findings from a recent survey of more than 200 accounts payable (AP) and finance leaders, across all industries, including valuable insights into the five strategies that best-in-class companies use to improve operations and results.
Whether you are in AP, procurement, or treasury, join the webinar to learn:
- How AP can gain control and bring transparency into the payment process, delivering comprehensive remittance to suppliers and greater visibility into cash flows to treasury
- How treasury can benefit by better cash flow control and optimized DPO, while reducing the risk associated with the capture, management, and maintenance of supplier bank account information
- How procurement can benefit from P2P payment processes; helping, for instance, drive five times more supplier participation in e-commerce and P2P initiatives for one of your peers
Don’t miss this great opportunity to benchmark your own organization against best-in-class performance! All registrants will receive Ardent Partners’ latest research report – The State of B2B Payments: Emerging Business Value.
Date: Thursday, February 25, 2016
Time: 11:00 AM Eastern Standard Time.
Andrew Bartolini, Managing Partner & Chief Research Officer, Ardent Partners
Drew Hofler, Senior Director, Solutions Marketing, SAP Ariba