the state of automation in accounts payable
TRANSCRIPT
2014/10/29 www.esker.com
THE STATE OF AUTOMATION IN ACCOUNTS PAYABLE
ACCOUNTS PAYABLE
The State of Automation in Accounts Payable
INTRODUCTION – ABOUT THE SPEAKER
Jason Anderson
Business Development Manager • Esker
Jason Anderson is a Business Development Manager at Esker and has been withthe company for more than 10 years. In addition to being a BusinessDevelopment Manager, he has served as a technical resource to Esker’scustomers, partners and internal sales team. His primary focus has been helpingcustomers gain greater return on their ERP investment through documentprocess automation. Jason has worked with a number of organizations includingWhirlpool, Mars, 3A Composites, LifeNet Health and Century Furniture.
The State of Automation in Accounts Payable
THE STATE OF AUTOMATION IN ACCOUNTS PAYABLE
Who is automating?
Why are they automating?
How are they automating?
What are the results of automating?
What are the emerging trends in automation?
Additional Information & Resources
Q & A
The State of Automation in Accounts Payable
SURVEY OVERVIEW
About the Survey:
– 2013 AP Benchmarking Survey
– Institute of Finance and Management (IOFM)
– Surveyed 200 AP professionals
Purpose:
– Determine where organizations are in automating accounts payable
– Identify best practices & challenges of automation
– Recognize emerging trends affecting the future of AP automation
The State of Automation in Accounts Payable
WHO IS AUTOMATING ACCOUNTS PAYABLE
What is your company’s annual revenue?
The State of Automation in Accounts Payable
RESPONDENT PROFILE
What level of automation has your AP department achieved?
Levels of Automation
High: Significant use of imaging and/orelectronic invoicing, automated workflow, nearpaperless T&E, ACH payments, use of p-cards,and some invoice data extraction.
Medium: Some use of technologies listed in the“high” category, but still very reliant a manual,paper-based processing operation.
Low: Mostly manual, paper-based processingoperation with limited automationtechnologies.
The State of Automation in Accounts Payable
ACCOUNTS PAYABLE PROCESSING
Why Automate AP?
The State of Automation in Accounts Payable
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