There are many ways manual payables can damage business visibility, including coding bills, making payments, and onboarding vendors, not to mention running the risk for errors. Though an automated accounts payable system might be just beneficial to some, to others this is a crucial part of growth and sustainability, especially if your company operates on a global scale.
Manual payables also make those stressful month-end tasks such as reconciliation, adjustment entries, and searching for outstanding balances time-consuming and tedious.
What if there was a better way? Automating your accounts payable process with Tipalti not only mitigates your risk of errors but also leaves you with more time and a true ROI. Our upcoming webinar touches on how to clear up the financial visibility of cash flow, and better practices for some of the most tedious time-consuming manual AP tasks. We also calculate the true ROI of automating your accounts payable system with Tipalti including increased productivity, vendor discounts, and even reducing bottlenecks.
Join us for our webinar, "Manual Payables Damages Business Visibility" on April 20, 2021 at 2:00 p.m. Eastern Time. You can register here.
Learning objectives for the webinar:
- How manual payables damage visibility
- Payments balancing act
- Best practices for financial close
- Reconciling outstanding balances
- Methods for improvement
- Accounts payable cash flow explanation
- Managing funds to cover bill payments
- ROI on payables automation