Benchmark Your AP Function Against Industry Best Practice
Organizations must constantly strive to ensure that systems and processes are truly ‘fit for purpose’ as they aim to support the business in becoming more efficient and aligned to delivering specific business outcomes.
With your Accounts Payable strategy in place, the best place to start is by taking the pulse of your current procurement platforms and processes, to help you determine its fitness for the future.
In our experience, these objectives have rarely been fully met and so understanding the underlying reasons for this is key to identifying the necessary steps to realising the expected benefits in line with those objectives and the art of the possible.
Our AP Diagnostic – Your Independent Maturity Assessment
Our AP Diagnostic is an independent maturity assessment. It evaluates and provides recommendations as to how well your existing approach supports your AP Automation strategy and helps deliver measurable objectives, including goal alignment and how performance should be measured.
Using a combination of workshops, interviews and system analysis, it is a comprehensive review that not only incorporates solution and process design, but also user adoption and future scalability.
Ideal for organizations seeking to:
• Improve the alignment of their account payable function to business strategy
• Ensure that KPIs are reliable so that activities can be tied to business outcomes
• Minimise business risk and ensure the integrity of their solution
• Improve user adoption and increase productivity
• Drive process compliance to achieve consistent delivery
Accounts Payable Diagnostic – The Playback
Following the diagnostic, you receive a report detailing our findings, including any recommendations on how your Accounts Payable processes could be optimized. Our report also showcases quick-fixes as well as a long-term roadmap for success.
