Monday 17th December, 2012

Manual processing and paper invoices continue to hamper accounts payable operations. Keeping suppliers in the dark and failing to provide finance the visibility it needs to actively manage the enterprises' cash positions is still the case in most of the organisations, especially it seems in Asia.

To strive for maximum savings through discount capture, penalty avoidance, and lower labour costs, tight linkage between procurement and payment is critical - regardless of whether the work is done internally or outsourced. The key to optimising the P2P process is minimising the number of touches along the invoice journey.

Within Asia alone, there are more than 600 shared service centres processing over 1m invoices daily. With integration being a key driver for large organisations having offices situated in various locations, integration procedures have become a must. But the big question everyone is still asking is, "what are the specific and applicable strategies to optimise procure to pay process? And what is the future for AP and procurement functions?

This is why our partners at the 10th Annual P2P: Accounts Payable & Purchasing Processes 2013 summit have put together the event to enhance back office operational performance.

Download the brochure now and find out how to optimise procure to pay processes, enhance efficiency and realise cost savings.

Better still, register for the event now and get 15% discount off standard rates - APN readers to email This e-mail address is being protected from spambots. You need JavaScript enabled to view it with discount code APN15blog