Accounts Payable Is an Organization's Secret Weapon for Improving Financial Health

Most of an organization’s cash passes through the hands of accounts payable, so you’d assume AP would have deep insight into the company’s financial well-being. However, without having the tools necessary to empower it, AP can’t do that effectively. Automation is clearly key here, but more data by itself isn’t useful if it’s not the right data.

Hyland partnered with the Institute of Finance & Management to create the AP Control Panel, in which accounts payable practitioners were asked to rate their organizations on a number of criteria. In this third and final whitepaper based on the data, we summarize our findings on the key topics of operations transparency, insight into working capital, and AP’s ability to monitor compliance and security issues.

Download the whitepaper, “Accounts Payable Is an Organization’s Secret Weapon for Improving Financial Health,” to learn how arming AP with the right information can provide the depth of business intelligence your company needs to thrive and grow.

This white paper is provided free of charge and underwritten by a sponsor. Following your download, you may be contacted by the sponsor with information about their products and services.