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Home Resources White Papers

Re-imagining the role of accounts payable in a digital world

Kofax by Kofax
April 6, 2022
Photo by RODNAE Productions from Pexels: https://www.pexels.com/photo/person-working-on-documents-7821540/

Photo by RODNAE Productions from Pexels: https://www.pexels.com/photo/person-working-on-documents-7821540/

Our new reality has changed everything.

Organizations are heads down re-imagining their businesses, adapting processes and procedures to a more distributed workforce. They also are taking a hard look at lowering operational expenses.

A common thread among these initiatives is the urgent shift to a more contemporary, digitally savvy, and data-driven accounts payable function.

Making this goal a reality will require accounts payable departments to:

  • Standardize processes
  • Make greater use of emerging technologies
  • Deliver more real-time operational insights

The Institute of Finance & Management’s (IOFM) white paper details the opportunity for accounts payable to become an even more strategic function within the enterprise and provides an action plan for making it a reality.

Click on the link to download your copy of the IOFM report and begin reimagining your AP function.

DOWNLOAD NOW
Related:  Cost Clarity & Cash Foresight: Managing cash, cost and working capital
Tags: accounts payabledata-drivenInstitute of Finance & ManagementKofax
Kofax

Kofax

Kofax enables organizations to Work Like Tomorrow™—today. Our Intelligent Automation software platform and solutions digitally transform information-intensive workflows. Customers realize faster time-to-value and increased competitiveness, growth and profitability by combining Kofax’s cognitive capture, RPA, process orchestration, analytics and mobile capabilities while increasing business resiliency and mitigating compliance risk. For more information, visit kofax.com.

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