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7 Reasons Your AP and Payments Processes Should Make Use of a Hybrid Cloud Approach
From start to finish, paying suppliers is still manual and paper-intensive process for most businesses, especially those with many banking accounts and distributed ERP applications.
The result:
- High costs
- Complexity to change or add banks
- A lack of visibility
- High(er) fraud risks and compliance challenges
- Frustrated stakeholders and suppliers
If these characteristics sound familiar, there is an opportunity to turn this around.
Cloud-based solutions introduce new opportunities to carve out complexity and costs from the payments process.
IOFM's latest white paper shows how to overcome the complexity, costs and inefficiencies in the payments operations, details the growth of cloud-based solutions, describes a hybrid payment cloud, and explains how technology can help accelerate straight-through processing.
If payments automation is on your organization's agenda, this white paper is for you!
Continuing Education Credits available:
Receive 1 CEU towards IOFM programs:
Receive 1 CEU towards maintaining any AP and P2P related program through IOFM! These programs are designed to establish standards for the profession and recognize accounts payable and procure-to-pay professionals who, by possessing related work experience and passing a comprehensive exam, have met stringent requirements for mastering the financial operations body of knowledge.
Continuing Education Credits available:
Receive 1 CEU towards IOFM programs:
Receive 1 CEU towards maintaining any AR and O2C related program through IOFM! These programs are designed to establish standards for the profession and recognize accounts payable and procure-to-pay professionals who, by possessing related work experience and passing a comprehensive exam, have met stringent requirements for mastering the financial operations body of knowledge.
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