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The traditional accounts payable (“AP”) story follows a back-office function that, on the surface, provided little strategic value to the greater organization. The advent of new technologies and platforms, however, has led the shift towards a “Big Data” way of thinking, and the drive to extract value from even the most tactical processes. The time has come for AP to be transformed into a true “hub” of pure financial intelligence and insights that generates seamless process efficiencies.
There are three key elements of AP’s transformation for the 21st century: automation of key accounts payable (and finance) processes, analytics-led strategies for transforming data into intelligence, and a “new wave” of talent that can help propel the AP function into a new, strategic world. Join us for a complimentary webinar on September 27 that will help your business understand how these three attributes can transform accounts payable in the months and years ahead.