“Eliminating the root causes of exceptions can enable a healthy self-sustaining P2P program which achieves higher levels of spend compliance while creating greater transparency and more flexible working capital management.” -Jason Busch, Spend Matters.
Tungsten Network partnered with shared services link and surveyed over 200 professionals about their purchase-to-pay (P2P) process and found that eliminating invoice exceptions is one of the most effective ways for Accounts Payable to cut costs. In fact, 85% of respondents agree that eliminating PO exceptions would be on of the most effective ways of reducing costs in accounts payable (AP).
Which technologies can help your organization automate your P2P (purchase-to-pay) process and drive out exceptions? What cultural and procedural changes should you implement? How can you achieve straight-through processing and eliminate waste across accounts payable functions? The answers, and much more, are in this e-book. Download today!