On-Demand Webinar: Download
The Future of Accounts Payable 2016
As major corporations continue to focus attention on cash and performance, and with an onslaught of new and complex government regulations, Accounts Payable departments are becoming more visible and are taking on more responsibility throughout the corporate landscape. Positioned as the hub between Procurement, Purchasing, Suppliers, Employees, Finance, Sourcing (and more), the AP department is forced to execute with precision, balance numbers and serve multiple constituents. As their tasks have grown more difficult over time, most AP departments have seen a steady decrease in resources, budget and head count.
Forced to exist within the “do more with less” environment, AP departments are adapting through the use of new technologies, partners and strategies. Tom Flynn and Bob Cohen, each bring 15 years of experience serving the AP industry to a deep dive discussion about what your firm must do to survive and then thrive in an educational session entitled “The Future of Accounts Payable.”
In this presentation, the mediators will discuss:
Achieving excellence in vendor data quality
- Using supplier networks & portals to add strategic value
- AP automation to reduce costs and streamline processes
- Effective collaboration between buyers, suppliers & finance/AP
- Unlocking new value streams in the payables process
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