In 2020, the accounts payable (“AP”) profession continues to gain momentum and impact business operations and results in an increasingly strategic way. The global uncertainty that pervades today’s market indicates the very real threat of a deep economic downturn. In response, the CFO’s new “hierarchy of needs” has placed a laser focus on business continuity and ensuring the liquidity needed to fund ongoing operations. Against the backdrop of a global pandemic, this renewed focus on liquidity and cash management is poised to pull AP into the limelight with an urgency never before seen.
Today’s webinar is based on our annual market research report, The State of ePayables 2020: Ensuring Continuity, Building Resiliency, and Rising to the Challenge (click to get your copy) which provides an industry-wide view into what is happening in the world of accounts payable today by drawing on the experience, performance, and perspective of AP and finance professionals.
As we continue to navigate these disruptive days, it is clear that some of an enterprise’s best opportunities (and most critical priorities) will play to the strengths and expertise of its AP department. This means that AP must work deliberately and aggressively to support the larger enterprise – pushing to help ensure its continuity and build its resilience. Accounts payable must rise to the challenge.
Join Ardent’s Vice President of Research, Bob Cohen and Cody Manning, Vice President of Sales at Yooz today at 3 PM ET on a new webinar (click to register) where they will discuss findings from Ardent’s annual report, as well as discuss how AP can “rise to the challenge” and drive value in a difficult environment.
