Purchase to Pay Quick Tip #2: Taming Inefficient Manual P2P Processes

Purchase to pay quick tips are a series of short best practices tips designed to help the viewer run a more efficient P2P operation. The second focuses on inefficient and manual P2P processes in the accounts payable and entire P2P operation – and what you can do to improve them so you have a more efficient, cost-effective P2P process, including the accounts payable process. #P2PQuickTip #accountspayable #P2P

In this episode, we discuss several process improvements that can be made of manual, inefficient processes. Clearly automation will help, but there are process improvements that can be made as well. More companies have inefficient manual P2P processes across their
accounts payable and procurement departments. That’s part of the reason, accounts payable or purchase ledger are often at odds with purchasing.

Is your AP and procurement staff overloaded with manual processes, clunky workflows, that result in delayed approvals, which lead to late payments and angry suppliers? We’ve got some simple solutions to help you ease the load and tame those inefficient manual processes. But at the end of the day, these process improvements will only take you so far.

Automation has become a real player in the accounts payable, procure to pay, and or purchasing functions in many, many organizations.

Link to Purchase to Pay Quick Tips Playlist:
https://youtube.com/playlist?list=PLtL6rWSXZ-Hci6r3HHsWJDv8tr1z9wKqP

Learn more about Compleat:
https://hubs.ly/Q01b1z2v0

Host: Mary Schaeffer www.ap-now.com