Tools

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.

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