accounts payable

White Paper: Cogent Consulting

Cogent Consulting have been implementing invoice automation solutions, exclusively for SAP customers, since they were founded in 2005. In that time, our business and offerings have evolved along with the technology, experience and intellectual capital resulting from the delivery of 150+ projects for SAP customers globally. We continue the journey with existing and new customers by listening to and incorporating their great ideas in the solutions that we offer, so this document is here to give you a detailed understanding of the key ingredients that go into a successful invoice automation partnership. When we say it’s a journey and a partnership; we mean it because the automation we achieve on Go Live is only the beginning. The invoice automation solution is an enabler but does not deliver high automation rates without being implemented in the right way for the customer and no matter how good the implementation is; you can always improve automation long after Go Live using the insights from analytics. We are not the kind of company that repeat mantras or put profound quotes on our website, but here are two that should resonate with anyone involved with process improvement: “If you always do what you’ve always done, you’ll always get what you’ve always got.”                                    Henry Ford   “To improve is to change; to be perfect is to change often.”                                   Winston Churchill

White Paper: Mineraltree

There is a rapidly growing demand for Accounts Payable Automation as the traditional process is very manual and labor intensive. An automated process reduces errors, eliminates fees incurred from late payment, and eliminates fraudulent charges by increasing visibility and improving controls. Be sure to choose a solution that integrates with your financial system of record and your bank account, otherwise you will end up with two parallel systems. It is also important to understand whether the payment execution features are consistent with your organization’s expectations for cash flow and management, and payment control. This whitepaper covers the strategic advantages of Accounts Payable (AP) Automation and why leading finance executives are making AP Automation a priority. It highlights: Why Companies Automate Why Automate Accounts Payable? The Hidden Costs The Time To Automate Is Now Deciding To Automate