Reasons to Automate
In AP automation - one size does not fit all

Accounts Payable automation solutions come in a variety of shapes and sizes, ranging from raw technology (capture, workflow) to purpose-built solutions, applied to sub-processes or the end-to-end process. During the adoption process, companies typically identify the focus of their automation initiative (what is slow and cumbersome, error-prone, or costly), research vendors of proven technologies, including delivery and support. Once the solution is selected, next is the implementation process, deployed according to organisation’s specifications. Beyond insuring that the solution is appropriate for a modest increase in the volume of invoices processed, there is little focus on how the solution will need to evolve in the future.

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What AP automation will look like in 3 years

By guest contributor Dermot McCauley, VP BPM & Case Management, Kofax

A modern financial system is the foundation for automation. Complete accounts payable automation solutions are a relatively new product category for financial operations professionals. Advanced technologies such as mobile, social networking, and intelligent dashboards are very slowly being integrated into offerings and adopted by enterprises.

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Taking the finance department out of the dark and into the digital ages

by Colin Miller, Senior Marketing Manager, Western Europe at ABBYY

The DVLA recently announced it's slashing the cost of driving licence fees - passing on the savings made made from greater efficiencies and lowered running costs. Creating streamlined business processes should be a priority for all business leaders – regardless of the industry sector or size of their business. After all, what company director isn’t focused on the goals of reducing costs, creating efficiencies and increasing their competitiveness?

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When is your network not really a network?

by Christian Lanng, CEO - Tradeshift

It’s easy to find comfort in numbers. Indeed, humans often rely on them to take a large and possibly overwhelming complex situation and distill it into what we think the key points are. However, it can also become an easy way to pull the wool over someone’s eyes or hide truths that matter much much more.

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Seven Habits of Successful P2P Programs

Over the last few years there’s been a shift towards creating a centralised P2P function, connecting AR, AP and Procurement in a way which would have been unthinkable until relatively recently. It’s a journey which has had mixed results along the way.

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