Like most organisations you have an accounting or ERP system and you may believe that you have a computerised business. However, have you automated the whole finance process? You’re probably not alone in having the “core” ledgers and books without addressing pockets of manual process, especially in relation to your suppliers.
“Purchase to pay” is one key area which is more often than not left incomplete and largely manual; consequently the interaction with a business’ suppliers may not be in great shape. Failure to manage this properly results in cash flow problems and at worst money spent that cannot be recovered.
Automating the purchase to payment flow may reap disproportionate rewards. More often than not this hinges around minimising the volumes of paper documents and streamlining how they are handled during the flow. Pragmatic solutions may mean the difference between success and failure. Invu's new whitepaper "Purchase to Payment Automation – Overcoming paper in an efficient electronic world" provides guidance on negating the impact of paper and utilising the content in an otherwise electronic world.
Download your copy http://www.invu.net/info/whitepapers.aspx
“Purchase to pay” is one key area which is more often than not left incomplete and largely manual; consequently the interaction with a business’ suppliers may not be in great shape. Failure to manage this properly results in cash flow problems and at worst money spent that cannot be recovered.
Automating the purchase to payment flow may reap disproportionate rewards. More often than not this hinges around minimising the volumes of paper documents and streamlining how they are handled during the flow. Pragmatic solutions may mean the difference between success and failure. Invu's new whitepaper "Purchase to Payment Automation – Overcoming paper in an efficient electronic world" provides guidance on negating the impact of paper and utilising the content in an otherwise electronic world.
Download your copy http://www.invu.net/info/whitepapers.aspx
