Are Your AP Processes Out of Control?
In accounts payable, poor control over invoice processing can result in higher costs, more errors, upset suppliers, and a greater risk of fraud.
Research from the Institute of Finance and Management (IOFM) suggests the greatest opportunity for AP departments to improve performance is by increasing control in four specific areas:
- Operations
- Working Capital
- Compliance
- Security
To help AP departments assess their invoice processing performance, Hyland and IOFM have created the AP Control Panel, a first-of-its-kind survey tool for gauging the level of control in these four areas.
The Role of Control in Financial Health: See the Latest Results
Latest Report: Accounts Payable is an organisation's secret weapon for improving financial health
Learn how arming AP with the right information can provide the depth of business intelligence your company needs to thrive and grow.
Download the 1st report: How Automation Drives Operational Improvement
Download the 2nd report: Accounts Payable is a window to working capital
Access the AP Control Panel Insight Libraries
Follow the Control Panel Blogs and Infographics
How to accelerate invoice processing
Improve Control with AP Automation
