There are three ways to turn your AP Department into an efficient revenue generator while strengthening supplier relationships:
1. Increase supplier early payment discounts
2. Move from paper to electronic invoices
3. Eliminate inquiries on invoice approval and payment statuses
This can all be achieved by implementing a dynamic discounting, eInvoicing and supplier self-service solution.
Ron New, VP, Finance Operations and Gary Silsbe, Director, Finance Operations at TELUS, discusses the company’s pain points prior to implementing a solution, lessons learned from implementation, and how TELUS has transformed their payables department.
Learn TELUS’ plans for increasing discount capture, converting all paper invoices to electronic, achieving a full solution for Service Purchase Order processing, including approval integration and invoice posting and synchronizing all Advanced Shipping Notices.
How and why to implement a portal use policy
How TELUS will save millions through early payment discounts
How to track the right metrics and set attainable goals
Learn from a company who has experienced implementation already.