In this white paper, PayStream Advisors, a leading accounts payable analyst firm, explains what “Holistic AP” is and identifies the top benefits experienced when organizations approach AP optimization by looking at the entire end-to-end invoice-to-pay-reconciliation workflow. Top benefit areas evaluated include process reduction, compliance, supplier relationships, and scalability. It is easy to simplify the value of AP solutions to their ability to simply eliminate manual procedures and bring process costs down. However, PayStream Advisors' research has found that the factors that motivate companies to implement AP technology reach far beyond electronic paper pushing. Most organizations seek great improvements in efficiency, control, processing times, and visibility in their AP processes. They also want to seamlessly unite key back-office departments and processes so that these teams are able to better support the costs and risks associated with rapid global growth. Request Free! |