The Aberdeen Group just released their newest research report, "AP Invoice Management in a Networked Economy." The report discovered how Best-in-Class companies are leading the way toward improving both the internal and external facets of their financial operations.
Indian consumers’ optimism has remained high since October 2021 and has reached the highest levels across other Asian markets since COVID-19 started.
Nearly three-quarters of India’s consumers are optimistic about economic recovery, and net intent to spend is growing and positive across many categories. Omnichannel usage continues across the majority of categories, and social-media influence is high, especially for Gen Z and millennials. More than 90 percent are engaging in social media and entertainment platforms. There is an upward trend for new technology, such as crypto and augmented reality/virtual reality, and consumers intend to continue digital activities as the COVID-19 crisis subsides.
About 40 percent of consumers are engaging in out-of-home activities, especially among the vaccinated segment. Most consumers have tried new shopping behaviors such as new retail outlets and new brands.
CNA’s Journey to Workday Accounting CenterWorkday, Inc.
Learn about CNA’s journey to transform its high-volume accounting journal entries with the help of Workday Accounting Center.
This slide deck explores why CNA selected Workday, the process of going live on Workday Accounting Center, and the value CNA has gained.
Top 8 Insights From the 2018 Beauty, Health & Wellness SurveyL.E.K. Consulting
Think nutritional supplements and skincare are of interest only to consumers of a certain age? Think again. According to L.E.K. Consulting’s third installment of a biennial survey of the healthy living marketplace, this one focusing on nutrition and skincare, some 80% of health and wellness (H&W) consumers across generations — from millennials to baby boomers — are highly engaged with both categories.
The survey captured insights from more than 1,600 respondents, representing roughly 77% of the U.S. adult population who identify with H&W themes, and generated eight key insights across categories. Together these insights make clear that consumer interest in nutritional supplements and skincare often lasts a lifetime.
While American optimism on economic recovery continues to recover, over half of US consumers do not expect their routines to return until the latter half of 2021.
These exhibits are based on survey data collected in US from November 9–13, 2020. Check back for regular updates on American consumer sentiments, behaviors, income, spending, and expectations.
Welcome to our comprehensive course on the ERP Finance Module, where we will provide an in-depth exploration of this integral component of ERP systems. In this course, we will begin with an overview of the finance module and its diverse functionalities, enabling you to understand its role in managing financial operations within an organization. We will delve into the key features of the ERP finance module, highlighting its ability to streamline financial processes, enhance accuracy, and facilitate timely reporting. Moreover, we will discuss the benefits that arise from implementing the finance module, such as improved financial visibility, enhanced decision-making capabilities, and increased operational efficiency. However, we will also address the challenges that organizations may face during the implementation process and provide strategies for successful adoption. Additionally, we will guide you through the setup of financial controls and reporting mechanisms, including the establishment of chart of accounts, cost centers, and budgets. Managing accounts receivable, accounts payable, and general ledger within the ERP system will also be covered extensively. Furthermore, we will explore the generation of financial reports and the utilization of business intelligence tools for data analysis. Real-world examples of successful implementations will be shared to provide practical insights. By the end of this course, you will have a comprehensive understanding of the ERP finance module, equipped with the knowledge and skills required to leverage its functionalities effectively.
Indian consumers’ optimism has remained high since October 2021 and has reached the highest levels across other Asian markets since COVID-19 started.
Nearly three-quarters of India’s consumers are optimistic about economic recovery, and net intent to spend is growing and positive across many categories. Omnichannel usage continues across the majority of categories, and social-media influence is high, especially for Gen Z and millennials. More than 90 percent are engaging in social media and entertainment platforms. There is an upward trend for new technology, such as crypto and augmented reality/virtual reality, and consumers intend to continue digital activities as the COVID-19 crisis subsides.
About 40 percent of consumers are engaging in out-of-home activities, especially among the vaccinated segment. Most consumers have tried new shopping behaviors such as new retail outlets and new brands.
CNA’s Journey to Workday Accounting CenterWorkday, Inc.
Learn about CNA’s journey to transform its high-volume accounting journal entries with the help of Workday Accounting Center.
This slide deck explores why CNA selected Workday, the process of going live on Workday Accounting Center, and the value CNA has gained.
Top 8 Insights From the 2018 Beauty, Health & Wellness SurveyL.E.K. Consulting
Think nutritional supplements and skincare are of interest only to consumers of a certain age? Think again. According to L.E.K. Consulting’s third installment of a biennial survey of the healthy living marketplace, this one focusing on nutrition and skincare, some 80% of health and wellness (H&W) consumers across generations — from millennials to baby boomers — are highly engaged with both categories.
The survey captured insights from more than 1,600 respondents, representing roughly 77% of the U.S. adult population who identify with H&W themes, and generated eight key insights across categories. Together these insights make clear that consumer interest in nutritional supplements and skincare often lasts a lifetime.
While American optimism on economic recovery continues to recover, over half of US consumers do not expect their routines to return until the latter half of 2021.
These exhibits are based on survey data collected in US from November 9–13, 2020. Check back for regular updates on American consumer sentiments, behaviors, income, spending, and expectations.
Welcome to our comprehensive course on the ERP Finance Module, where we will provide an in-depth exploration of this integral component of ERP systems. In this course, we will begin with an overview of the finance module and its diverse functionalities, enabling you to understand its role in managing financial operations within an organization. We will delve into the key features of the ERP finance module, highlighting its ability to streamline financial processes, enhance accuracy, and facilitate timely reporting. Moreover, we will discuss the benefits that arise from implementing the finance module, such as improved financial visibility, enhanced decision-making capabilities, and increased operational efficiency. However, we will also address the challenges that organizations may face during the implementation process and provide strategies for successful adoption. Additionally, we will guide you through the setup of financial controls and reporting mechanisms, including the establishment of chart of accounts, cost centers, and budgets. Managing accounts receivable, accounts payable, and general ledger within the ERP system will also be covered extensively. Furthermore, we will explore the generation of financial reports and the utilization of business intelligence tools for data analysis. Real-world examples of successful implementations will be shared to provide practical insights. By the end of this course, you will have a comprehensive understanding of the ERP finance module, equipped with the knowledge and skills required to leverage its functionalities effectively.
How to Bring About Finance Transformation on Your Own TermsWorkday, Inc.
In this deck, experts from PwC and Workday explain how finance leaders can use automation, artificial intelligence, and analytical skills to help their teams adapt to rapid change.
Transforming finance through digitally-based systems is a priority for business leaders. Learn about how RPA, while important, is really just the beginning of digital transformation.
Webinar - How to Create an Effective Compensation Data StrategyPayScale, Inc.
Join Payscale’s Chief Product Evangelist, Ruth Thomas; Director of Social Impact, Vicky Peakman; and Director of Data Science, Sara Hillenmeyer as they discuss how to build an effective data strategy.
A complete guide as to how automation can help you process invoices smoothly and accurately. Learn more about steps involved in AP automation and its cost. Read it at https://docsumo.com/blog/invoice-processing-automation-guide
Race in the workplace: The Black experience in the US private sectorMcKinsey & Company
McKinsey's Race in the Workplace report 2021 is one of the most comprehensive benchmark studies of Black Americans in the US private sector. It highlights the complexity of the challenge for Black workers by examining Black worker representation and experience.
Retailers who are proactive with their approach to consumer privacy and retail cyber security will create more meaningful data and consumer engagement.
Like other prosperous American cities, greater Seattle currently finds itself in the unenviable position of possessing both enormous amounts of wealth and staggering levels of homelessness. These slides accompany the McKinsey & Company report that looks at homelessness in King County, published in January 2020.
Why do companies need to manage the entire customer experience? New analysis reveals that the entire customer journey - the series of interactions with a brand - is more important than any single touchpoint experience. Leading companies identify and effectively manage a few "key journeys." When companies perfect managing the entire customer journey, they reap significant benefits—including enhanced customer and employee satisfaction, reduced customer churn, increased revenue, lower costs, improved organizational collaboration, and competitive advantage. Presented at the Harvard Business Review webinar. For more on customer decision journeys: http://mckinseyonmarketingandsales.com/topics/customer-decision-journey
Shaping the Sustainable Organization | Accentureaccenture
Accenture helps companies unlock the business and environmental value of organizational sustainability by strengthening their sustainability DNA. Read more.
7 Steps to Building and Growing an Incredible Partner Program for SaaS Startu...Ben Parr
I shared some of the lessons the Octane AI team has gained from building and growing a partner program in the Shopify ecosystem at the Shopify meetup in Toronto. Many of the attendees asked me if I would send them my slides.
Instead, I've decided to publish the slides from my talk at Shopify, in the hopes that this knowledge will help other SaaS companies -- as well as agencies -- build successful partner programs in their ecosystems. Scroll down and you will find the slides.
Covered in this deck:
- The benefits of a partner program
- How Octane AI grew 20-40% month-over-month by leveraging its partner program
- How to start an agency and tech partner program
- Partner program on-boarding and organization
- Technology stack for managing partner programs
- Integration strategy
- Co-marketing strategy
- Building loyalty and exclusivity
Lifting the Barriers to Retail Innovation in ASEAN | A.T. KearneyKearney
Rising incomes and growing demand for consumer goods and services in ASEAN create rich opportunities for retailers in the region, which is especially significant as member nations join forces to become an economic powerhouse. Yet ASEAN retailers have been slow in terms of Innovation and as this market opens up, stepping up innovation is required to capitalize fully on the opportunities.
IBOR transition: Opportunities and challenges for the asset management industryEY
EY Wealth & Asset Management explores the practical implications and the way forward for the transition to the new risk-free rates. This presentation aims to help asset managers and asset owners explore IBOR transition strategies that are compliant and future-focused.
The tipping point for electrified vehicles is in sight, and a combination of hybrid and fully electric powertrains is expected to cut the global market share of pure internal combustion engines (ICEs) by about 50% by 2030.
How to Bring About Finance Transformation on Your Own TermsWorkday, Inc.
In this deck, experts from PwC and Workday explain how finance leaders can use automation, artificial intelligence, and analytical skills to help their teams adapt to rapid change.
Transforming finance through digitally-based systems is a priority for business leaders. Learn about how RPA, while important, is really just the beginning of digital transformation.
Webinar - How to Create an Effective Compensation Data StrategyPayScale, Inc.
Join Payscale’s Chief Product Evangelist, Ruth Thomas; Director of Social Impact, Vicky Peakman; and Director of Data Science, Sara Hillenmeyer as they discuss how to build an effective data strategy.
A complete guide as to how automation can help you process invoices smoothly and accurately. Learn more about steps involved in AP automation and its cost. Read it at https://docsumo.com/blog/invoice-processing-automation-guide
Race in the workplace: The Black experience in the US private sectorMcKinsey & Company
McKinsey's Race in the Workplace report 2021 is one of the most comprehensive benchmark studies of Black Americans in the US private sector. It highlights the complexity of the challenge for Black workers by examining Black worker representation and experience.
Retailers who are proactive with their approach to consumer privacy and retail cyber security will create more meaningful data and consumer engagement.
Like other prosperous American cities, greater Seattle currently finds itself in the unenviable position of possessing both enormous amounts of wealth and staggering levels of homelessness. These slides accompany the McKinsey & Company report that looks at homelessness in King County, published in January 2020.
Why do companies need to manage the entire customer experience? New analysis reveals that the entire customer journey - the series of interactions with a brand - is more important than any single touchpoint experience. Leading companies identify and effectively manage a few "key journeys." When companies perfect managing the entire customer journey, they reap significant benefits—including enhanced customer and employee satisfaction, reduced customer churn, increased revenue, lower costs, improved organizational collaboration, and competitive advantage. Presented at the Harvard Business Review webinar. For more on customer decision journeys: http://mckinseyonmarketingandsales.com/topics/customer-decision-journey
Shaping the Sustainable Organization | Accentureaccenture
Accenture helps companies unlock the business and environmental value of organizational sustainability by strengthening their sustainability DNA. Read more.
7 Steps to Building and Growing an Incredible Partner Program for SaaS Startu...Ben Parr
I shared some of the lessons the Octane AI team has gained from building and growing a partner program in the Shopify ecosystem at the Shopify meetup in Toronto. Many of the attendees asked me if I would send them my slides.
Instead, I've decided to publish the slides from my talk at Shopify, in the hopes that this knowledge will help other SaaS companies -- as well as agencies -- build successful partner programs in their ecosystems. Scroll down and you will find the slides.
Covered in this deck:
- The benefits of a partner program
- How Octane AI grew 20-40% month-over-month by leveraging its partner program
- How to start an agency and tech partner program
- Partner program on-boarding and organization
- Technology stack for managing partner programs
- Integration strategy
- Co-marketing strategy
- Building loyalty and exclusivity
Lifting the Barriers to Retail Innovation in ASEAN | A.T. KearneyKearney
Rising incomes and growing demand for consumer goods and services in ASEAN create rich opportunities for retailers in the region, which is especially significant as member nations join forces to become an economic powerhouse. Yet ASEAN retailers have been slow in terms of Innovation and as this market opens up, stepping up innovation is required to capitalize fully on the opportunities.
IBOR transition: Opportunities and challenges for the asset management industryEY
EY Wealth & Asset Management explores the practical implications and the way forward for the transition to the new risk-free rates. This presentation aims to help asset managers and asset owners explore IBOR transition strategies that are compliant and future-focused.
The tipping point for electrified vehicles is in sight, and a combination of hybrid and fully electric powertrains is expected to cut the global market share of pure internal combustion engines (ICEs) by about 50% by 2030.
A Webinar presented by Image Processing Systems and PayStream Advisors on challenges, opportunities and success factors in automating the approval of accounts payable, substituting digital workflow for manual, paper-based processes.
Accounts Payable Automation: Preparing Your Organization for a Digital FutureWEX
The accounts payable function at organizations is evolving, and as companies bring their AP processes into the digital future, they need technological advances to keep up, bringing them from point A to point B with more accuracy, speed, and cost-savvy. All of this and more can be done with planning and automation.
The following infographic shares statistics, facts, and tips on AP automation and modernizing your business processes for improved customer and supplier relationships, better discount capture, and enhanced visibility into business processes.
SoftClinic Integrated Hospital Management System for Cardiology is worlds first comprehensive hospital information system designed for cardiology clinics. It covers all the requirements like HIS, EMR and PACS for the hospital
Using P2P to Drive Procurement & Finance Collaboration & Deliver ResultsSAP Ariba
In the Networked Economy, collaboration between buyers and sellers, internal business units, and procurement and finance stakeholders on both sides of a transaction is crucial to the bottom line success of all parties. Real time visibility into invoice data and approval processes, and payment/cash flow opportunities provides both procurement and finance stakeholders with the timely, actionable data needed to increase compliance to contracts, improve the payment process, capture early payment discounts, and gain deep insight and analysis of spend data. In this presentation, Ariba buyer Maxim Healthcare Services will share their insights and best practices for leveraging process automation and the networked economy to gain and share critical process visibility and drive these bottom line benefits.
2012 Ariba Commerce Summit in Cleveland
The P2P landscape is changing. The significant developments in technology that have been widely adopted in B2C environments are now changing the game in B2B environments and shared services.
The way businesses buy, pay, manage data, and leverage increasingly agile technology is changing in P2P.
In 2016 P2P organizations are going beyond transactional cost and concentrate on supporting the overall enterprise objectives: digitalization of information, process automation but also internal customer centricity and a balanced efficiency/risk/control approach are key practices in this new era.
Hosted by: Sharedserviceslink, The Hackett Group, Tradeshift
The future of AP means constant change for you and how invoices will be processed over the next six years. What will the revolutionized AP department look like in 2020? Increasingly companies are not just looking for paperless, but better overall processes brought on by automating invoices, matching, routing and payments. Maybe you have one or two automation efforts going but in the coming years you need to prepare for more, more and more. Henry Ijams, founder of PayStream Advisors, will share his insights into how successful managers are handling this booming change.
You’ll also learn where the AP automation market is heading, the available technologies and how they can work together, the five secrets to planning a successful department of the future, and the key elements in making it a successful revolution.
A presentation on P2P (Procurement to Pay) process usually being followed by industry.
It's part of supply chain and PPT also shows -
- how the material inflow thru P2P is being balance by material outflow thru O2C
- how the cash outflow thru P2P is being balanced by cash inflow thru O2C
This report examines options for procure-to-pay operations with a focus on improving Procure-to-Pay (P2P) process through a transformational approach that meets an organization’s procure-to-pay operations objectives. Authored by the Account Payables Network and sponsored by Datamatics Global Services. Visit http://www.datamatics.com
This Aberdeen Group report charts how Enterprises are using mobility to help them create a better user environment using mobile devices and applications. The report also benchmarks the best in breed mobile enterprise applications.
As the sheer amount of information available for Business Intelligence (BI) applications has grown, and the sophistication of BI capabilities has accelerated, organizations are striving to improve time-to-information for business users.
Best practices in spending analysis - cure for a corporate epidemicNaman Verma
Best practices in spending analysis - cure for a corporate epidemic, this will help users on the learning of Spend Analysis and key factors affecting spend of any organization
Etude PwC sur l'efficacité de la fonction finance en entreprise (2013)PwC France
http://pwc.to/1b8DlaR
Sont abordés dans cette étude le coût de la fonction finance, sa performance, l'évolution de ses missions, celle de ses équipes, son utilisation des nouvelles technologies, ainsi que les différences existant au sein de cette fonction entre des secteurs d'activité aussi différents que ceux des technologies ou des services financiers.
Have you been thinking about automating your AP process but time slipped away from you in 2013? Don't let another year go by—take action and automate your AP in 2014.
Join us, along with The Institute of Financial Operations, to learn the latest trends in AP and how you can begin a shift to AP automation. With a move to AP automation, there is no more losing invoices, chasing approvals, and updating endless spreadsheets. AP automation gives you a smoother and faster AP process with increased control and visibility, improved efficiency, and reduced fraud.
Presenters:
Craig Simpkins, CAPP, CFE, and Director of Global Process Organization at Johnson Controls Inc.
Peter Bepler, Co-founder and President at Anybill
With the fresh start of a new year, there is no better time to kick off your AP automation project. What are you waiting for?
[Webinar] A More Efficient Accounts Payable Function: Implement These Simple ...Anybill
Best practices are all in the details. Ignore those details at the expense of the profitability of the entire organization. It's that important.
In this webinar, Mary Schaeffer of AP Now and Tomorrow discusses:
- The true bottom line cost of ignoring best practices
- Changing best practices and the importance of identifying changes
- Best practices along the entire procure-to-pay process
- The role technology is playing in the best practice arena
- The future of best practices in accounts payable
[Webinar] Unveiling the Benefits of Accounts Payable with The Institute of Fi...Anybill
The benefits of incorporating automation technology into the accounts payable process include more than efficient receipt of supplier invoices, improved visibility, enhanced audit processes, and lower costs. There is another level of benefits that the accounts payable process can add to the organization.
The Institute of Financial Operations joins Anybill in discussing the major benefits of invoice automation and will focus on the best practices that can be incorporated into the people, processes, and additional technology outside of the invoice automation process, and will discuss how they add value to an organization.
Mary Schaeffer from AP Now identifies 25 ways crooks use to get their hands on your organization's hard earned money.
Mary's discussion will include:
There’s no such thing as too big or too small.
Every company is a potential target.The risk is both internal and external.
New types of fraud – some directly affecting accounts payable – are evolving almost daily.
View a full recording of the webinar to learn what’s going on and what you should do to protect your company against a group of increasingly sophisticated fraudsters.
[Webinar] Little Mistakes that Cause Big Problems in Accounts PayableAnybill
It’s often the little things that if left unresolved, end up causing the biggest headaches. What’s even more hellish is that these nightmares have a way of popping up at precisely the wrong time. Typically, the solutions aren’t elaborate or expensive; they simply involve identifying the mistake and rectifying it.
Hear Mary Schaeffer, Editor of AP Now as she:
•Identifies 25 AP mistakes that on the face seem minor but could result in major headaches
•Addresses why these issues can cause complications and what you can do to avoid these in the future
•Discusses some strategic tools that you can implement to avoid this all together!
[Webinar] AP Improvements that Repay: Planning for the New YearAnybill
AP Now Webinar Series: Part 4
Presenter: Mary Schaeffer, AP Now & Tomorrow
Fine-tuning the accounts payable function is something every organization should do on a regular basis. While it would be nice if we could set up the procedures and then use them for the next ten years, that is not practical if you wish to run a best practice operation. On the other hand, we can’t continuously change. The trick is to identify those changes we can make that will provide the biggest payback. The payback can be in efficiency, cost reduction or better regulatory compliance.
Join us for an informative hour as Mary Schaeffer examines some of the changes that will provide your organization the biggest payback for the time and money it invests in them.
[Article] The Accounts Payable Function: Are There Cracks in Your Foundation?Anybill
Rarely do people think about the foundation for their accounts payable function. This is unfortunate, for just like a building built on swamp land, an accounts payable function without a strong foundation will not be able to support a robust accounts payment process. With all the change affecting the account payable function in recent years as well as expected change in upcoming years, a strong foundation is critical. Let’s take a look the implications of a robust underpinning as well as five issues every professional should consider when evaluation their accounts payable function.
[Webinar] Stop Thinking About It and Automate Your AP ProcessesAnybill
Recording: https://www.dropbox.com/s/p62hekx2tnkea13/2013-10-10%2014.01%20Stop%20Thinking%20About%20it%20and%20Automate%20Your%20AP%20Processes.wmv
Speakers:
Henry Ijams, Managing Director of PayStream Advisors
Peter Bepler, President and Co-Founder of Anybill
You think about automating. You might even have meetings about automating. Well, the time has come to stop thinking about it and to make it happen. If you think your company might be too small to automate, think again.
So, how do you get started? Attend our 50 minute webinar to get your burning questions answered about how to begin the automation process. Off the heels of PayStream's recently published report on Automating Payables for the Small to Medium Enterprise Market, we're here to offer you valuable tools and ideas to help get your project kicked off.
Join us as the presenters discuss:
-Current landscape of AP departments in the US
-How to create an effective business plan with realistic ROI
-Challenges and barriers to your automation goals
-What the innovators are doing
[Webinar] AP Function: Does Yours Have a Strong Foundation?Anybill
All the high technology and hifalutin best practices don’t mean much, if your accounts payable does not have a strong foundation. This means setting up your invoice processing to incorporate strong controls, best practices as well as regulatory compliant practices. Does your accounts payable function have a strong foundation?
Mary Schaeffer covers a checklist of strong foundation practices every organization should use. Layer by layer, she’ll show you how to build a best practice accounts payable organization.
The Institute of Financial Operations' new report covers the key trends in AP automation and allows you to get a glimpse into how your peers and competitors are reshaping their operations using emerging technologies.
Automating Payables for the SME Market: Diving Head First into AP AutomationAnybill
This Technology Insight report is for small and mid-sized enterprises with an interest in payables automation. The report includes the latest adoption statistics, current thinking, best practices, strategies, and key performance indicators for evaluating and selecting the solution that meets your needs.
[Webinar] Benefits of AP Automation: Why Companies of All Sizes Should Be Tak...Anybill
Why Companies of All Sizes Should Be Taking Advantage
Speaker: David Hay, Consultant
Listen to the webinar recording here: https://www2.gotomeeting.com/register/834071794
The Accounts Payable Network reveals how accounts payable can go beyond just paying invoices accurately and on time and contribute to the organization’s success by:
- Implementing automation technology in AP to provide a complete real-time view of the
company’s financial condition;
- Delivering visibility to allow for faster, more accurate financial reporting and audits;
- Enhancing controls and adherence to corporate policies
-And much more!
In the case of , most businesses don’t handle high-value invoices differently than routine payables—mainly because they don’t recognize what invoices are high-value or don’t have a process to treat them with priority.
The conventional thinking in accounts payable processing is that an invoice is just an invoice, regardless of its possible impact on the bottom line. Many companies don’t focus on invoices that matter most, and handle all AP the same—creating a cascading effect that leads to inadequate operational control, inefficient business processes, and excessive transaction costs.
There is a better way. Accounts Payable Segmentation is an approach that involves separating and prioritizing invoices based on their type, characteristics and level of importance. AP Segmentation is also the process by which companies consistently identify “Critical AP”—the 20 percent of payables that are most strategic or problematic to the operation of the business.
This paper explores how organizations that focus available resources on the most troublesome and essential segments of accounts payable stand the most to gain from automation and overall process improvement.
[Whitepaper] From Profit Recovery To Retention Anybill
Many companies today rely on “post-transaction recovery” to audit, reconcile and recover mistaken vendor payments. However, this blunt-force, after-the-fact approach to invoice reconciliation is extraordinarily costly and wasteful.
Due to process inadequacies in their accounts payable (AP) departments, they are cutting checks that are not owed, paying phantom bills and contributing to various forms of “profit leakage.”
Best-in-class companies, however, have discovered that these operational mistakes are preventable. Leveraging Intelligent Invoice Reconciliation (IIR) solutions, they are engaging in the “pre-transaction retention” of mishandled payables—taking action before dollars erroneously fly out the door. By analyzing their transaction data in real-time and reconciling invoices with payables, they are pre-empting AP leakage, enhancing operational processes and protecting their profits.
This position paper explains how these advanced companies are rethinking their approaches to invoice reconciliation and establishing a stronger foundation for accounts payable.
[Webinar] Unveiling the Benefits of AP with the Institute of Financial Operat...Anybill
What You'll Learn:
The benefits of incorporating automation technology into the accounts payable process include more than efficient receipt of supplier invoices, improved visibility, enhanced audit processes, and lower costs. There is another level of benefits that the accounts payable process can add to the organization.
The Institute of Financial Operations joins Anybill in discussing the major benefits of invoice automation and will focus on the best practices that can be incorporated into the people, processes, and additional technology outside of the invoice automation process, and will discuss how they add value to an organization.
[Webinar] AP Efficiency: It's All In The ControlsAnybill
Not only is the accounts payable department responsible for paying an organization’s bills, it is charged with only paying them correctly. This means guarding against duplicate payments as well as fraud. As those who work in or manage accounts payable are painfully aware, this is easier said than done. The cornerstone to an efficient, effective department is in the controls. Recognizing the importance of this topic to the accounting and accounts payable community, Anybill invited Mary Schaeffer, a nationally recognized accounts payable expert, to discuss this topic in detail.
Ms. Schaeffer covered the following issues:
Why every organization needs to concerned about controls
Common control problems and weaknesses many organizations experience
Solutions that will strengthen your controls.
[Webinar] Implement Simple Best Practices with AP Now & TomorrowAnybill
Mary Schaeffer, Editor of AP Now and Tomorrow presents - A More Efficient Accounts Payable Function: Implement These Simple Best Practices. Best practices are all in the details. Ignore those details at the expense of the profitability of the entire organization. It’s that important.
In this session, Mary Schaeffer will discuss:
The true bottom line cost of ignoring best practices;
Changing best practices and the importance of identifying these changes;
Best practices along the entire procure-to-pay process;
The role technology is playing in the best practice arena; and
The future of best practices in accounts payable
[Webinar] Invoice Processing in Accounts Payable: Start the Year StrongAnybill
Let’s face it; no matter how advanced your accounts payable function is, at the end of the day, its primary responsibility is to process invoices, and to process them efficiently in a cost-effective manner. This means making as few mistakes as possible.
In this session, Mary S. Schaeffer, a nationally recognized accounts payable expert, will tear apart the invoice processing function and identify common mistakes made repeatedly by many organizations.
She’ll share solutions (including low and no-cost options) any organization can use to strengthen its processes so the same mistakes are not made over and over again – eating voraciously into the bottom line. While we hope no organization will have all the problems identified, we’re fairly confident most will have at least one or two.