What the webinar covers:

Procurement and Accounts Payable have been operating the same way in many organizations for decades. But they’re not always on the same page.

Goods being obtained without purchase orders, maverick spend, unapproved suppliers and AP having to track down authorized purchases for payments are just few of the ongoing issues. Recent research from PayStream Advisors shows that only 15% of respondents acknowledge being completely integrated; only 12% share leadership and metrics combined.

A harmonized process and technology are needed for sharing insights into suppliers and the complete purchase order-to-payment history. Without these, divisions between procurement and AP will continue to plague most organizations.

Learn the facts of what procurement and AP can start doing immediately to get on the same page watch now.

What you will learn:

  • Research that indicates where these problem areas persist
  • Best practices for improving the communication
  • Technology enablers to reduce cycle times and improve compliance
  • Improving how Procurement and AP interact with supplier management day-to-day