Preparing Your AP Department for the Future
So how do you plan to become part of an accounts payable department’s future evolution?
- Take small steps. You won’t do it in a day.
- Plan holistically and for the future. Think big even if you’re acting carefully.
- Follow the 80/20 rule. Focus on your biggest suppliers.
- Reject the cookie-cutter. Remember every supplier is different
- Remember the people factor. Technology success depends on people.