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CURRENT STATE OF
ACCOUNTS PAYABLE …
39%
surveyed use manual methods
(e.g., Excel spreadsheets, etc.)
for data collection, calculations
and reporting.
(Institute of Finance & Management)
of AP professionals
surveyed stated
paper-based invoices account
for 90%+ of their total volume.
(Institute of Financial Operations)
One-third
of finance
executives
CURRENT STATE OF
ACCOUNTS PAYABLE …
WHERE AP
AUTOMATION FITS IN
AP automation fills in gaps left
by ERP/business applications
that create challenges like:
Trouble accurately capturing
data regardless of invoice
format
Lengthy invoice processing
impeding staff productivity
Limited analytics, reporting
and audit trail capabilities
Excess paper, transportation
and physical archiving costs
WHERE AP
AUTOMATION FITS IN
AP AUTOMATION IS
MORE THAN A WANT ...
AP AUTOMATION IS
MORE THAN A WANT ...
It’s a
NEED!
AP AUTOMATION IS
MORE THAN A WANT ...
It’s a
NEED!
It capitalizes on
valuable opportunities
currently being
overlooked.
But you already
knew that.
But you already
knew that.
It’s why you’re here.
Because you are ready
TO build a
business case for
AP automation.
Because you are ready
First things first …
First things first …
DEFINE YOUR
OBJECTIVES.
DEFINE YOUR
OBJECTIVES.
First things first … What phase(s) of AP do you
want to automate?
What type of solution do
you want to use?
What challenges are you
looking to overcome?
What benefits are you hoping
to achieve?
Having clear objectives provide
GUIDANCE
& DIRECTION
throughout the research
process and presentation.
GUIDANCE
Having clear objectives provide
& DIRECTION
Next step …
RESEARCH!
Back up your business case
with measurable data for
c-suites to justify their
decision.
Next step …
RESEARCH!
should your business
case speak to?
What
stakeholders
should your business
case speak to?
What
stakeholders
… And how!?
stakeholders in your AP
automation project are:
THE THREE MOST
Influential
stakeholders in your AP
automation project are:
THE THREE MOST
Influential
C-suite/executive
management
IT management
AP team
members
C-suites &
Upper management
care about:
C-suites &
Upper management
Profitability & the
bottom line
Visibility & cash flow
management
care about:
is concerned about:
IT
MANAGEMENT
is concerned about:
IT
MANAGEMENT
Ease & cost of
implementation
Software security &
business continuity
AP TEAM
MEMBERS
want:
AP TEAM
MEMBERS
want:
An electronic workflow
Job security & low
learning curve
Stakeholders’
interests
and you’re sure to start
gaining their support.
Speak to
Stakeholders’
interests
But don’t get too
COMPLEX.
and you’re sure to start
gaining their support.
Speak to
comprehensivE
business case is the key …
A clear &
comprehensivE
to propelling your AP
automation project to the
TOP OF THE LIST!
A clear &
business case is the key …
Find everything you need
to build a successful
business case by
Downloading
the white paper
“Building a Business Case
for AP Automation”
Find everything you need
to build a successful
business case by
Downloading
the white paper
“Building a Business Case
for AP Automation”
DOWNLOAD NOW!

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AP Automation: Building a Successful Business Case