Accounts payable (AP) has for a number of years been one of the last bastions of manual processes in the enterprise. Many AP teams still process paper-based invoices through a manual process, a workflow which is both expense and rife with process inefficiencies. Thankfully, more and more AP teams are realizing the benefits of automation–lower costs and more efficient processes included. While AP teams recognize more and more the advantages of automation, however, many of them are not sure where to start.
That is why Ardent Partners has partnered with Kofax to offer a free webinar — “Automating Accounts Payable – What You Need to Know” — outlining how enterprises can go about automating the AP function. During the webinar, Ardent Partners Chief Research Officer Andrew Bartolini and Kofax Director of Product Marketing Art Sarno will discuss what organizations need to know in order to automate the AP process as well as what steps to take to move the AP team toward automation on Wednesday, April 29, 2015 at 11 am U.S. Eastern Time. Register for the webinar at any of the links below.
Live Webinar: Automating Accounts Payable – What You Need to Know
Date and Time: Wednesday, April 29, 2015
8:00 AM U.S. Pacific Time/ 11:00 AM U.S. Eastern Time (New York City)
4:00 PM London time/ 5:00 PM Central European time / 8:30 PM New Delhi time
(Register for the free webinar at http://go.kofax.com/LP=4388)
Webinar Description:
Cutting costs remains the top priority for a majority of Accounts Payable (AP) leaders in 2015, but the automation of key business processes has been a missed opportunity for many AP departments. New research from Ardent Partners shows that the average cost to process a paper invoice can be up to five times higher than a comparable invoice that is processed electronically.
The added value that results from improved AP performance has become too significant to ignore, considering the impact on operational costs, working capital management and visibility around financial liabilities. When armed with the right tools, AP can support, enhance, and enrich broader procure-to-pay and working capital optimization strategies.
Join us for a complimentary, live webinar where Andrew Bartolini, Chief Research Officer of Ardent Partners, will share key strategies and approaches that AP and finance teams should consider when launching an AP automation initiative.
Speakers will also discuss:
- Multichannel capture and transformation
- Best practices for extensible workflows
- AP integration with multiple ERP systems
- The importance of analytics
- Enhancing supplier interaction with a supplier portal
Register for this free webinar by clicking here.
Speakers:
Andrew Bartolini
Chief Research Officer
Ardent Partners
Art Sarno
Director, Product Marketing
Kofax
