Aberdeen Group and Basware: The Accounts Payable Toolkit

White paper & report | 24 June 2011

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Beyond simply lowering the cost of doing business, successful accounts-payable operations can drive discount capture, improve enterprise visibility of cash flows and position companies for growth by enabling them to process higher transaction volumes without increasing staffing. In a world that is still largely paper-based, however, companies need a blend of process redesign and flexibility through automation to achieve these goals

The Accounts Payable Toolkit offers best-in-class strategies to increase discount capture, improve enterprise visibility of cash flows, and process higher transaction volumes. Learn how companies:

• Process invoices 83% quicker than competitors
• Secure early payment discounts at a rate 46% higher than all others
• Process invoices 77% cheaper than competitors
• Reduce late payment penalties by 2.2-times the amount of all others
• Increase early payment discounts by 2.2-times the amount of their competitors over the past year

Produced by analyst firm Aberdeen Group and purchase-to-pay solution provider Basware, the toolkit pulls together some of Aberdeen's latest research into invoicing and workflow, e-payables solutions and the strategic value of accounts-payable automation.

Click here for the Accounts Payable Toolkit.