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By Matthew Pike
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Recently, I was asked to review a business case for a procure-to-pay implementation, and I found myself reaching for the ‘Insert-New Comment’ icon the moment I opened the document entitled: “Business case for the implementation of a Procure-to-Pay system”. Somewhat glibly, I added the comment ‘Consider changing to “Business case for achieving world-class performance across all Procure-to-Pay activities”’.
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Where There's AP, there's Paper
When a flurry of paperwork continues to fall on a supposedly paper-free Accounts Payable department and someone mentions making better use of performance metrics, AP professionals would be forgiven for dismissing it as a luxury they just don’t have the time for. However, with the inception of automated software, their use can save time, add value, increase efficiency and can help raise the visibility of the team to the rest of the business.
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