EventSpan

Speaker:

Rob DeVincent

Full description: In the never ending effort to reduce transaction processing costs in Accounts Payable, enterprises have continually attempted to automate the procure to pay process. Two key areas that seem to have automation gaps in the P2P process are the three way matching function and vendor customer service on invoice payment inquiries. Implementing new ERP systems has allowed AP departments to become more automated in matching the purchasing and receiving functions. However, the elusive part has always been the invoice part of the three way match because the paper invoice needs to be converted to electronic data to truly automate the match. Additionally once these invoices are paid, handling vendor inquiries about payment status can take up a lot of a processors valuable time. This Webinar will examine how to do more work with better efficiency and less AP processor involvement by implementing technology.

Intended audience: CFOs, Controllers, and Accounts Payable Professionals