Future Casting
A look at true AP transformation
Ask a group of AP professionals to define automation and you’re likely to get a lot of different answers. Read this Tradeshift and IOFM report for a fresh perspective on transformation
Some AP departments want to move away from paper invoices, paper purchase orders and paper checks. Other AP departments have prioritized moving away from hand-keying data. And still others may be focused on improving slow or costly payment processing.
Paper processing, hand-keying and slow invoice processing don’t just cost you and your organization money. They also prevent your organization from more strategic AP and finance functions that help your organization improve.
AP automation has evolved and assists the AP department and finance in being a more strategic and future proof part of the business. Download this guide from Tradeshift and IOFM to get an understanding of Future Casting and moving your AP department to true AP Automation and strategic AP.
Download the Whitepaper
Don't just onboard sellers. Build a network
E-invoicing and AP Automation requires buyers and sellers working in harmony. Pay offers a guaranteed supplier onboarding rate, plus real value to pull in sellers.
Capture and validate invoices. Truly digitally
True AP automation takes in all your invoices digitally, regardless of how your seller sent them. And with Tradeshift Pay multi-way matching aligns invoices received with other purchasing documents, like orders and contracts.
Pay people, not invoices. It's nicer that way
After automation, what’s left for people to do should be human-friendly. Reassign a batch of approvals, get one invoice finally approved and then let the seller know it’s all done. The end goal isn’t processing an invoice, but paying a person.