CFO’s Guide to Strategic Accounts Payable
CFOs at mid-size businesses that strive to eliminate inefficiency from everyday business processes – by elevating the activities of their accounts payable staff to the strategic level – can generate several key benefits for their companies. AP teams that work more efficiently can effectively manage short-term cash flow. They can also focus on nurturing vendor relationships so that the company has greater flexibility to negotiate the delaying of invoice payments when needed.
In this Whitepaper, we cover:
- Why your accounting team is stuck in the world of “number crunching”
- How to elevate accounts payable to a more strategic level
- The benefits of automating accounts payable
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Finance professionals were surveyed on technology usage within the accounts payable function. This brief is a deep dive into the results.View Whitepaper