Corcentric Answers What Makes Accounts Payable Departments Successful
McLean, Va., March 15, 2016— Corcentric, a provider of cloud-based financial process automation solutions, announced it will host a free webinar, “Top 5 Habits of Highly Successful Accounts Payable Departments” on Wednesday, March 23, 2016, at 2 PM ET, 11 AM PT.
This month’s webinar will allow attendees to understand how to ensure their accounts payable department can be transformed for best-in-class performance. Attendees will learn the five habits that set the most successful AP departments apart from the rest, and how automation makes that possible. They will discover that best-in-class AP departments:
- Have clear detailed policies in place for invoice workflow
- Get buy-in from senior management by creating a compelling business case
- Set system-level controls and clear audit trails for invoice processing
- Measure KPIs using dashboards and reporting
Enterprises are turning to business process automation solutions in increasing numbers as they come to realize that automation goes a long way in controlling issues of time, accuracy, and cost. According to an Aberdeen Group research report, companies investing in automation see an 80 percent reduction in invoice processing costs and a 70 percent decrease in invoice processing times.
Hosted by AP automation industry expert Rob DeVincent, Vice President of Product Marketing at Corcentric, this latest webinar will help attendees looking to unlock the strategic value of their AP processes by providing clear examples of what drives success.
For additional information or to register, please visit https://corcentric.com/resources/top5habitsofhighlysuccessfulapdepartments/.
Corcentric, a wholly-owned subsidiary of AmeriQuest Business Services, LLC, provides cloud-based financial process automation solutions that have revolutionized how the world’s largest organizations manage and protect their financial assets. By connecting best practices with deep expertise, Corcentric’s Accounts Payable and Accounts Receivable automation solutions enable organizations to reduce costs, streamline processes, and provide unmatched visibility executives need to make critical business decisions. For more information, visit corcentric.com.