Tools

Electronic Payments and the Last Mile of Procure-to-Pay Transformation by IOFM

E-payments Complete the P2P Cycle

Ninety percent of businesses expect to reduce the amount of paper in their Accounts Payable department in the next two to three years. A change is coming and the benefits of automating the entire P2P cycle—all the way through to electronic payments—are clear. The enhanced visibility alone of a holistic solution drives the following improvements:

  • Reporting and auditing
  • Cash flow analysis
  • Liquidity management
  • Spend management
  • Contract compliance
  • Strong supplier relations

Download this white paper today to learn how implementing an end-to-end P2P solution positions the AP department as a revenue-generating, strategic player in the organization, providing actionable data to financial and operational planning.