Accounts payable automation is a significant project for any organisation to go through and to manage the effectively there are a number of best practices to follow.
ICAEW in partnership with ITESOFT and Autoglass hosted this free webinar to help you identify and understand the benefits of initiating an AP Automation process for your business, and the exact steps to take in order to increase the flexibility, efficiency and productivity of your organisations. They will illustrate the processes, referring to a real-world example.
Autoglass replace and repair damaged glass on vehicles, and then invoice the cost to insurance companies. The insurer pays the cost, based on proof of repair. Before they decided to initiate an AP Automation project, Autoglass had been struggling with a decentralised invoicing process with long delays and a heavy administration paper-trail.
James Stackhouse, Head of Finance at Autoglass described their original processes, the outcomes they desired, along with the practical challenges they faced. He explained automation and how they found the right partner to deliver the system and project.