Automation strategies and best practices in Accounts Payable

Accounts Payable (AP) automation can transform your business. This two-part series explores the journey from evaluating automation to unlocking hidden benefits, and highlights best practices for driving efficiency, resilience and strategic value in AP operations.

The Journey to AP automation

Embracing AP automation involves more than simply moving away from manual, paper-based processes. This part of the series takes you through the journey, from deciding whether automation is right for you, to building a business case and considering less tangible benefits.

Five steps to assess if AP automation is right for you

Accounts Payable (AP) automation gives businesses the tools to be more effective, now and in the future. But automation isn’t just about modernizing, it’s about transforming a cost center into a strategic advantage — helping to increase productivity, reduce expenditure and free up resources for revenue-generating projects.

3 min read

Five steps for building your AP automation business case

Automating accounts payable (AP) isn’t just about modernizing — it’s about transforming a legacy cost center into a value generator for your business. It allows you to move away from manual, paper-based processes and free-up key resources while still improving scalability.

4 minute read

Tap into the hidden benefits of AP automation

The path to accounts payable (AP) automation starts with determining whether it’s right for the long- and short-term goals of your business. The next step is building a winning business case and setting measurable goals.

6 min read

Best AP practices article series

AP teams must balance strategic organizational goals with critical day-to-day functions like never before. In this part of the series, we highlight the digital transformation in AP from tactical to strategic, and how it can help your company improve working capital, optimize costs and future-proof your business.

Doing more with less: Accounts Payable automation

Identifying best practices in Accounts Payable automation while strengthening trusted partnerships as an extension of the payables team.

5 minute read

Agile Accounts Payable in a digital age

Technology innovation brings opportunity and a greater risk of payment fraud.  Accounts Payable teams need to build automated processes and system agility.

Accounts Payable for resilient supply chains

Through the right payment tools that offer flexibility and a full range of payment options, Accounts Payable teams can support the cash flow and forecasting ability of suppliers.

From Cost Center to Value Driver: Aligning AP with CFO Goals

Automation and integrated payment solutions help AP teams deliver efficiency, mitigate risk, and support the long-term financial strategies of the CFO

Key objectives for Accounts Payable teams

The modern Accounts Payable function involves the following key elements:

  • Mitigating modern risk - Protecting payment methods through proactive authentication of the supplier network
  • Automating for efficiency - Centralizing disparate systems and automating the payment process to improve decision-making
  • Supporting supply chains - Boosting supplier cash flow through flexible payment options, and simplifying supplier communication through a global supplier network
  • Adding quantifiable value - Improving working capital, optimizing revenue opportunities and freeing up resources for strategic initiatives 

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Complete AP

Automate Accounts Payable processes from purchase order, to invoice, to payment

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