5 Habits of Highly Successful Accounts Payable Departments

41

description

Want to know how best-in-class accounts payable departments achieve that status? Then you need to learn the five habits that can turn your AP department from an upfront cost center to a back-end strategic asset and a revenue enhancer.

Transcript of 5 Habits of Highly Successful Accounts Payable Departments

Page 1: 5 Habits of Highly Successful Accounts Payable Departments
Page 2: 5 Habits of Highly Successful Accounts Payable Departments

Your Presenter

Rob DeVincentVice President, Product Marketing

Corcentric

Page 3: 5 Habits of Highly Successful Accounts Payable Departments
Page 4: 5 Habits of Highly Successful Accounts Payable Departments
Page 5: 5 Habits of Highly Successful Accounts Payable Departments
Page 6: 5 Habits of Highly Successful Accounts Payable Departments
Page 7: 5 Habits of Highly Successful Accounts Payable Departments
Page 8: 5 Habits of Highly Successful Accounts Payable Departments
Page 9: 5 Habits of Highly Successful Accounts Payable Departments
Page 10: 5 Habits of Highly Successful Accounts Payable Departments
Page 11: 5 Habits of Highly Successful Accounts Payable Departments
Page 12: 5 Habits of Highly Successful Accounts Payable Departments
Page 13: 5 Habits of Highly Successful Accounts Payable Departments
Page 14: 5 Habits of Highly Successful Accounts Payable Departments
Page 15: 5 Habits of Highly Successful Accounts Payable Departments
Page 16: 5 Habits of Highly Successful Accounts Payable Departments
Page 17: 5 Habits of Highly Successful Accounts Payable Departments
Page 18: 5 Habits of Highly Successful Accounts Payable Departments
Page 19: 5 Habits of Highly Successful Accounts Payable Departments
Page 20: 5 Habits of Highly Successful Accounts Payable Departments
Page 21: 5 Habits of Highly Successful Accounts Payable Departments
Page 22: 5 Habits of Highly Successful Accounts Payable Departments
Page 23: 5 Habits of Highly Successful Accounts Payable Departments
Page 24: 5 Habits of Highly Successful Accounts Payable Departments
Page 25: 5 Habits of Highly Successful Accounts Payable Departments
Page 26: 5 Habits of Highly Successful Accounts Payable Departments
Page 27: 5 Habits of Highly Successful Accounts Payable Departments
Page 28: 5 Habits of Highly Successful Accounts Payable Departments

Automated Invoice Workflow Tools

– SmartRouting– Automated delegation of authority approval – Straight Through Processing – Exception handling – Automatic reminder e-mails

Page 29: 5 Habits of Highly Successful Accounts Payable Departments
Page 30: 5 Habits of Highly Successful Accounts Payable Departments
Page 31: 5 Habits of Highly Successful Accounts Payable Departments
Page 32: 5 Habits of Highly Successful Accounts Payable Departments
Page 33: 5 Habits of Highly Successful Accounts Payable Departments
Page 34: 5 Habits of Highly Successful Accounts Payable Departments
Page 35: 5 Habits of Highly Successful Accounts Payable Departments
Page 36: 5 Habits of Highly Successful Accounts Payable Departments
Page 37: 5 Habits of Highly Successful Accounts Payable Departments
Page 38: 5 Habits of Highly Successful Accounts Payable Departments

POREQUISITIONS

APPROVAL WORKFLOW

AUTOMATED INVOICE

MATCHING

STRAIGHTTHROUGH

PROCESSING

DASHBOARD REPORTING

DOCUMENT ARCHIVE

AP/ERP SYSTEM

INTEGRATION

CORCENTRIC E-INVOICING

SUPPLIER NETWORK

INVOICE SCANNING &

CAPTURE

Page 39: 5 Habits of Highly Successful Accounts Payable Departments

2PM ET/11AM PTalso add some spacing between the lines

Page 40: 5 Habits of Highly Successful Accounts Payable Departments
Page 41: 5 Habits of Highly Successful Accounts Payable Departments