In today’s increasingly competitive global economy companies are placing a premium on optimizing working capital management. This has made Accounts Payable (AP) automation more important than ever. Companies recognize that the benefits provided by AP automation – improved financial visibility, the ability to capture more early payment discounts, and enhanced supplier relationships – provide a significant competitive advantage. So how do your AP automation initiatives stack up against those of your competitors? Find out during an interactive webinar on September 4. You’ll learn the results of a new AP automation study conducted by IOFM and sponsored by Esker.
For the first time, the presenters will share data on AP automation technology adoption, key business case drivers, technology plans, top implementation challenges, and more.
Topics covered include: e-invoicing, workflow routing, and PO-based invoicing.
There also will be time for your questions. Don’t risk letting your AP department fall behind the competition – register for this webinar today!
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Webinar Preview -- How Does Your Accounts Payable Department Stack Up?
1. How Does Your AP Department Stack Up?
Results of IOFM’s 2013 AP Automation Study
Presented by:
Mark Brousseau
Brousseau & Associates
Julie Mai
Esker
2. Julie Mai
Julie’s 20+ years of experience has included
working with companies in all facets of document
automation — from the early days of faxes moving
from thermal paper to plain paper, to medical
facilities looking to automate medical records, to
companies looking to streamline and automate
order-to-cash and procure-to-pay processes.
Working with Esker the past 5 years, Julie’s
primary focus has been helping customers
“Quit Paper” and move to solutions that add
functionality and visibility to their environment
while decreasing the overall cost of completing
these processes.
3. Mark Brousseau
Mark Brousseau is a noted
marketer, analyst, speaker and writer, with more
than 21 years
of experience advising leading providers of
payments and document automation solutions.
Brousseau is President of Brousseau &
Associates, a full-service strategic marketing
and business development firm based in
York, PA. With the largest client base of any
independent firm specializing in the payments
and document automation arenas, Brousseau &
Associates counts among its clients many top
solutions and services providers.
4. Introduction — Join the Conversation!
• Webinar hashtag: #quitpaper
• Be sure to follow: @EskerInc
5. About Esker
• Esker helps organizations around the world Quit Paper™
by offering solutions (on-demand or on-premises) to
automate virtually any manual document process.
– Global headquarters in Lyon, France
– In business for 28 years
– In “the cloud” for 8 years
– 290 employees
– Distributors in over 50 countries
– 4,500+ SaaS-based customers
– 50,000+ SaaS-based users
9. Survey Overview
Key questions to answer:
• Numbers of invoices processed per month?
• Level of AP automation in invoice processing?
• Awareness of cloud solutions among AP professionals?
• Prevalence of cloud solutions in AP departments?
• Key obstacles in deploying cloud solutions?
• Primary challenges in deploying AP automation?
• What, exactly, are the key trends?
10. Survey Methodology
• Online survey
• Survey presented to thousands of AP professionals
– About 120 respondents completed the survey
• Approximately two dozen questions
– Most could be answered with a single click
• Respondents were given several weeks to take survey
13. About the Respondents
12%
12%
11%
8%
19%
9%
15%
14%
What is your company’s annual revenue?
<$10 Million
$10 Million to $24.9 Million
$25 Million to $49.9 Million
$50 Million to $99.9 Million
$100 Million to $499.9 Million
$500 Million to $999.9 Million
$1 Billion to $3 Billion
>$3 Billion
Esker works with many companies to automate processes throughout the cash conversion cycle of order-to-cash and procure-to-pay.What we see is that there is enormous value in removing paper from these critical document processes. On the flipside, continuing to rely on paper puts strict limitations on an organization’s ability to improve order-to-cash and procure-to-pay performance. To help our customers Quit Paper, we offer a single platform to automate all the processes that help generate so much of it. You can leverage the platform as an on-premise server solution or on demand with a Software as a Service approach.