Supplier payment analysis that reduces operational variation, improves cash management and margins.
Who want to improve the efficiency of their accounts payable operation
Who want to assess accounts payable efficiency
Many businesses still use a mix of payment methods—ACH, wire transfers, credit cards, and paper checks. This creates operational inefficiencies, adds complexity, and increases the chances of errors and fraud
Without clear, consolidated data on payment terms, finance teams struggle to identify opportunities to harmonize payment schedules.
Many businesses miss out on early payment discounts due to slow or inefficient processes.
Inconsistent payment terms across different suppliers cause variances in the accounts payable (AP) process, complicating cash flow management.
Develop and deliver a strategy to improve accounts payable efficiency by identifying the opportunities to migrate spend to electronic payment options, streamline approval processes, and harmonize payment schedules.