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Using Accounts Payable to Improve the Financial Supply Chain and Take Treasury to New Heights

Sponsored By Basware, Inc.

Topics:
Budgeting & Planning

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Abstract:
Companies often neglect AP in pursuit of increasing cash and optimizing working capital because AP is often perceived as a cost center responsible merely for sending money out the door. Yet, with the right tools, AP can not only save money and boost the bottom line, it can help the treasury department optimize cash, manage risk, increase ROI, and provide greater visibility into the organization's financial supply chain. This paper from Basware takes a look at these benefits associated with AP Automation and the reduction of working capital costs due to automation, inevitably leaving organizations less dependent on external capital markets.
DETAILS
Sponsored by: Basware, Inc.
Released: March 26, 2013
Length: 7 pages
Format: PDF (472 kb)
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