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Invoicing and Workflow

Sponsored By Concur

Topics:
Accounting > Accounting Standards

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Abstract:
Paper invoices and manual processing continue to hamper accounts payable operations, keeping suppliers in the dark and failing to give finance the visibility it needs to actively manage the organizations' cash positions. This study, conducted during March and April of 2011, profiles 130 enterprises at varying stages of AP maturity to identify what differentiates those achieving the greatest results from their less successful peers. The end goal, and the target of their automation efforts, is to drive savings through discount capture, penalty avoidance, and lower labor costs - all while improving the speed with which they can access payables-related information.
DETAILS
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Released: November 18, 2011
Length: 22 pages
Format: PDF (624 kb)
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