AP automation provides key visibility into operational controls

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Few things are as unnerving as the feeling of being out of control. This is especially true in accounts payable (AP), where businesses have a lot riding on how effectively they manage their invoice processing and supplier payments.

To lower the risk for higher costs, errors, upset suppliers and fraud, AP teams must work to ensure control across 4 key areas:

  • Operations
  • Working Capital
  • Compliance
  • Security

Using the AP Control Panel, a first-of-its-kind online benchmarking tool, Hyland and IOFM analyzed AP survey responses to assess the value of automation in providing deep visibility into payment processes and insights that can drive organizational improvement.

Explore the report to learn more.

Feb 8, 2021
Apr 15, 2022
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