Emerging A/P automation solutions are positioned better than ever before to help companies manage the challenges of migrating from checks to electronic payments. The right solution can offer end-to-end capabilities through a single platform, create desired efficiency, reduce fraud, and help A/P departments develop a new revenue stream for their organizations.
Seth Blacher, senior vice president and head of Global Payables for Global Treasury Management at U.S. Bank, wrote about that in the Sept. 9, 2020 issue of Treasury & Risk magazine. His article, “Invest Wisely in A/P Technology: 6 features that make a solution best-in-class,” focused on these key differentiators.
"Corporate A/P departments are looking to operate at maximum efficiency and scale, while reducing risk and generating rebate revenue, "he writes. "The key to success is effective automation."
Read the full article to learn how A/P automation could enhance your accounts payable processes.