We covered Payment Administration in the last few posts.
We are republishing this paper, as this is still available.
There is another paper available at https://www.box.com/shared/b9ximb5p1r
For the TAPN paper you will need to give some details of yours. email ID is essential, that is where they will send the link to the paper.
From the Accounts Payable network.
State-of-the Art Automation: E-invoicing E-volved
Brought to you by The Accounts Payable Network and Basware
Accounts payable, once considered an expensive back-office, paper-pushing operation, is now being charged with strategic responsibilities to reduce costs, stay compliant with worldwide regulations and to partner with the CFO to ensure that financial reporting is timely and accurate. To accomplish these goals and become a best-in-class AP operation, AP departments must rely on state-of-the-art automation.
Whether you are partially automated and want to transition to complete automation or just beginning to explore this path, this informative report will introduce you to why state-of-the-art automation is a critical component in accounts payable’s evolution from a necessary function to a value-contributing partner in financial operations, regardless of your organization’s size. You will learn how state-of-the-art automation can help to:
- Reduce invoice-processing costs to as little as $2.00 and cycle time to only four days for best-in-class performers
- Utilize spend analysis to help reduce costs and meet the CFO’s margin goals
- Provide an accurate picture of all transactions from the time they occur to allow management to make the best cash-management decisions
- Properly control payment of invoices to avoid late-payment fees and take advantage of early-payment discounts
- Meet Sarbanes-Oxley and other regulations so the CFO can confidently attest to the accuracy of the business reports
- And, much more!
This valuable report is available at no charge for a limited time. Get your copy now courtesy of Basware!
Basware is the global leader in cloud based e-invoicing and purchase-to-pay solutions with more than 1,000,000 users in over 60 countries. Basware’s B2B Cloud solutions and services provide an open, secure and global ecosystem for buyer and supplier collaboration, connecting more than 1.9 million buyers and suppliers globally. The solutions are architected to meet the needs of SMEs and global enterprises and are built upon Basware’s deep knowledge and experience of B2B financial processes, coupled with intelligent cloud connectivity and the Open Network. With Basware, organizations benefit from more efficient procurement, accounts payable and accounts receivable processes, sustainable cost savings, better insight to cash flows and improved buyer-supplier relationships. The solutions are available via the cloud, on-premise or through business process outsourcing in Europe, the U.S., and Asia-Pacific through an extensive network of Basware offices and business partners. The company’s U.S. business, Basware, Inc., is headquartered in Stamford, Conn. More information can be found at www.basware.com
About the Publisher
The Accounts Payable Network (TAPN) is the leading resource for helping accounting and finance executives meet their commitments to accounts payable business process performance. With TAPN’s robust database of original AP content, calculators, AP business tools, white papers, case studies and current accounts payable news from around the world, members have unrestricted access to critical information guaranteed to help them make smart business decisions.
Members tap into the best practices and benchmarking data they need to measure and improve accounts payable processes for optimum efficiency and cost savings. Management strategies, technological solutions and essential tools help save member organizations time and money and make individuals more effective leaders. Current accounts payable news provides insights and keeps members on top of the latest AP developments. Focus areas include best practices for all AP functions, AP metrics and benchmarking; tax and regulatory compliance; solutions to real-world problems; AP automation; case studies; member Q&A networking forums and more than 250 downloadable, customizable AP policies, flowcharts, templates and internal-control checklists.