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.