Years ago, the Accounts Payable (“AP”) roadmap was incredibly clear: shore up inefficiencies, eliminate paper and manual-based processes, and turn to ePayables automation as a way to develop repeatable and scalable operations. Although full AP automation is still the exception instead of the norm, many organizations have followed this roadmap and see success as a result – the tide is turning in such a way that the majority (52% based on Ardent’s most recent market research report) of today’s businesses view AP as very-to-exceptionally valuable within the greater scheme of business operations. This more positive view of the AP department must be built upon in order for AP to achieve its next great goal: become a trusted business partner that aligns its own processes and value proposition with the greater, digitized enterprise.
Transforming an AP operation still takes a commitment of time, energy, and resources. As such, many AP departments still find themselves mired in manual processes and are unable to realize their full potential. But the future is bright for AP! There are more technologies and strategies available today that can enable AP to step out from its role as a tactical player and become a more strategic part of the enterprise.
In a new webinar presented by Corcentric and Ardent Partners, Ardent’s Research Director, Bob Cohen, and Dan Andrew, Senior VP of Sales for Corcentric, will discuss the “Top Trends That Will Transform Your AP Department” (click here to register). On this webinar, scheduled for Thursday, September 27 at 2pm ET, they will examine how AP departments can best maximize the new technologies to become “Best-in-Class”. Webinar attendees can expect to learn:
- The current “State of Accounts Payable”
- Where AP is heading for automation, and what are they adopting
- How to reduce processing costs and cut exception rates
- Tips for selling to senior management
Ardent Partners research shows that, if done well, a transformation project is a worthwhile investment that can deliver long-term advantages. Be sure to join us next Thursday to learn how!
