Accounts Payable Automation: Life Before & After Paper
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This document summarizes the benefits of automating accounts payable processes described in a presentation by Esker. It outlines how three organizations improved visibility, lowered costs, and increased satisfaction by kicking their paper habit and switching to digital accounts payable automation. The presentation discusses the symptoms of poor AP performance like limited control and long cycles. It then shares customer stories from Albemarle, Farmland, and San Benedetto that demonstrated benefits like less stress, overtime, and risk after implementing Esker's AP automation solutions.
Accounts Payable Automation: Life Before & After Paper
- 1. 2014/07/09 www.esker.com ACCOUNTS PAYABLE AUTOMATION: LIFE BEFORE & AFTER PAPER ACCOUNTS PAYABLE Three Organizations Who Kicked Their Paper Habit & Lived to Tell About It
- 2. Accounts Payable Automation: Life Before & After Paper
- 3. Accounts Payable Automation: Life Before & After Paper BENEFITS ACHIEVED BY MAKING THE CHANGE Improved visibility Lower costs Better reporting Happier staff, approvers, vendors, and executives
- 4. Accounts Payable Automation: Life Before & After Paper BENEFITS ACHIEVED BY MAKING THE CHANGE Improved visibility Lower costs Better reporting Happier staff, approvers, vendors, and executives WHICH MEANS…. Less stress Less overtime More satisfaction Less risk of getting “that call”
- 5. Accounts Payable Automation: Life Before & After Paper INTRODUCTION – ABOUT THE SPEAKER Julie Mai Business Development Manager • Esker Julie has 20+ years of experience working with companies in all facets of document automation. For the last five years, Julie’s primary focus at Esker has been helping customers “Quit Paper,” and move to solutions that add functionality and visibility to their environment while decreasing the overall cost of the Order-to-Cash and Procure-to-Pay processes.
- 6. Accounts Payable Automation: Life Before & After Paper ABOUT ESKER Founded in 1985, Esker has more than 80,000 customers and millions of licensed users worldwide. Esker operates in North America, Europe, and Asia Pacific with global headquarters in Lyon, France, and U.S. headquarters in Madison, Wisconsin. Facts and Figures 29 years of field experience 300 employees 1 out of 4 Esker employees dedicated to product development 160,000+ SaaS users; 4,500+ SaaS customers 11,000+ active document management customers worldwide Over 3 billion faxed pages sent each year Distributors in over 50 countries
- 7. Accounts Payable Automation: Life Before & After Paper AGENDA 6 Symptoms of Poor AP Performance Customer Stories Solution Demonstration Wrap Up
- 8. Accounts Payable Automation: Life Before & After Paper 6 SYMPTOMS OF POOR AP PERFORMANCE 1. Limited control and visibility into the process
- 9. Accounts Payable Automation: Life Before & After Paper 6 SYMPTOMS OF POOR AP PERFORMANCE 2. Long reconciliation and payment cycles
- 10. Accounts Payable Automation: Life Before & After Paper 6 SYMPTOMS OF POOR AP PERFORMANCE 3. Vendor and AP staff dissatisfaction
- 11. Accounts Payable Automation: Life Before & After Paper 6 SYMPTOMS OF POOR AP PERFORMANCE 4. Inaccurate and lengthy closes
- 12. Accounts Payable Automation: Life Before & After Paper 6 SYMPTOMS OF POOR AP PERFORMANCE 5. Missed vendor discounts and late penalties
- 13. Accounts Payable Automation: Life Before & After Paper 6 SYMPTOMS OF POOR AP PERFORMANCE 6. Duplicate payments
- 14. Accounts Payable Automation: Life Before & After Paper …SOUNDS LIKE A PAPER PROBELM
- 15. Accounts Payable Automation: Life Before & After Paper WHO HAS AUTOMATED ACCOUNTS PAYABLE?
- 16. Accounts Payable Automation: Life Before & After Paper AGENDA 6 Symptoms of Poor AP Performance Customer Stories – Albemarle – Farmland – San Benedetto Solution Demonstration Wrap Up
- 17. Accounts Payable Automation: Life Before & After Paper DOWNLOAD THE FULL PRESENTATION To view the full 60-minute presentation, click on the link below! Watch the Presentation