Strategic Transformation of Accounts Payable driven by People, Process, Data and Technology
Here's the panel discussion with Shared Services leaders chaired by our CEO, Partha at the SSON AP Automation Digital Summit 2022. The panel discussion was part of a 3 day summit that was attended by Finance and Shared Services leaders across the globe.
The discussion covered -
Background of Account Payables operations - Scale and Complexity of Operations
Motivations & KPIs that organizations are looking to improve (e.g. on-time payment, reduce cost/transaction, improve cash management)
Sub- processes targeted to transform (e.g. invoice processing, payment processing, vendor account reconciliation)
Past experience of transformation, vendor behaviour change
Technologies used to drive transformation
Process mining tools
OCR/IDP/ML solutions
RPA or low code solutions
Share experience - challenges & lessons learnt
Data strategy to support continuous transformation
Master Data Management
Connecting the dots ..(aka data)
People Focus
Inspiring the team to do more while managing concerns
Upskilling AP professionals with digital, AI and automation skills
Here's the recording -
Get in touch to transform your Account Payables processes!
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