When procurement, accounts payable, and payments are automated, it takes a heavy burden off of the finance team and enables them to dedicate their time and talent to value-added activities, such as identify in areas for growth and performing in-depth data analysis. Modern CFOs realize that solid procurement, accounts payable, and payment processes are essential to business success.
The challenge is that many companies simply plug away using the same old manual, unconnected systems that they’ve had for decades. The consequence is a lack of visibility into the costs and resources being dedicated to P2P systems.
By centralizing, streamlining, and automating the process from beginning to end, companies can turn this essential function from a cost center to a profit producer.
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