There are simple steps you can take to overcome your payments challenges and transform AP performance into best-in-class. Ardent Partners has compiled these steps in this chapter of their recent report.
Based on the experiences and perspectives of 200 AP and finance leaders, Ardent Partners recommends a host of strategies, including…
- eliminate paper-based processes
- explore and track innovations in B2B payments
- strengthen collaboration between AP and treasury
- improve remittance delivery capabilities
- measure key metrics to establish a baseline and track performance