For fast-growing biotech firms, manual accounts payable processes take valuable time away from building the business, hiring new staff, and other more strategic initiatives. From capturing, coding and approving invoices, to cutting checks and initiating ACH and wire transfers, manually managing AP simply takes too long and requires too much data entry. Worse, this process is a hindrance to maintaining positive relationships with vital vendors. In this presentation, we’ll share how automating Accounts Payable can help biotech firms unlock the efficiency, visibility, and control needed to scale their businesses while strengthening their vendor relationships. Discover how Forge Biologics has created a seamless, end-to-end AP process to ensure suppliers are paid on time, every time–and that the AP team can support growing invoice volumes without adding headcount.
Presented by COO, Elle Kowal