• November 16, 2022  |  10:00 AM SGT | 01:00 PM AEDT
  •  
Umang Goyal
Umang Goyal
Associate Partner,
EY
Panelist
Sarah Cotgreave
Sarah Cotgreave
Managing Director,
Globaltraid
Panelist
Anne Clay
Anne Clay
Managing Director,
CLAY - Australia, China
Panelist
Karthik Rama
Karthik Rama
Principal Consultant,
Procurement Doctors Consulting Pvt. Ltd.
Panelist
Jon W. Hansen
Jon W. Hansen
Founder and Chief Editor,
Procurement Insights
Moderator
Register Now

Based on research from multiple sources, here are a few interesting statistics regarding AP automation and e-Invoicing:

  • The reasons organizations invest in AP automation depend on company size. For example, small organizations seek greater visibility into their invoice and payment data.
  • With mid-sized organizations, the focus for AP automation is on reducing the amount of paperwork.
  • Besides reducing or eliminating paperwork, large enterprises want to reduce the time their AP departments spend on non-value add tasks.

Multiple industry research reports indicate that 85% of the organizations want AP automation to address the above-referenced objectives. Other research reports indicate that of the 60% of organizations implementing an AP automation strategy, only 10% are fully operational.

Industry research shows that significant gaps exist between AP automation recognition and intent, strategic implementation, and anticipated benefits realization.

With the benefits of AP automation well documented and clearly understood, it is time to make the transition from the obvious "why" to address the unknown "how".

Focusing on the below three areas, we have brought together a panel of top industry experts and leaders who will join Procurement Insights' Jon Hansen to uncover the real challenges preventing organizations from fully realizing AP automation success:

  • People: Building in-house data skills and effective change management
  • Process: Driving process digitalization along with improved data management and data quality
  • Technology: The business case for investment in next-generation procurement technologies

Please register today to reserve your seat for this webinar to gain practical insights into how to realize the true benefits of AP automation.