Work Smarter not Harder with Kofax SmartHub
Explore how you can leverage actual operational data and analytics on how invoices flow through your process for greater visibility to reduce bottlenecks or respond to compliance problems.
Accounts Payable is responsible for so much more than just paying incoming bills and invoices, particularly given today's global challenges. In partnership with Kofax, SSON ran an industry wide AP Automation Maturity survey, gaining insights from all over the world into how companies are growing their payables efficiency.
A recent report from The Hackett Group has outlined a set of six areas that top performing companies are prioritizing for optimization of AP processes.While they include lowering transaction costs, increasing transparency and gaining more control over payment timing, they go beyond these basic objectives and take a more comprehensive approach to information, analytics, employees and technologies so that no gaps are left in processes.
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