When organizations think of using process improvement and financial software to manage working capital, many would consider improving and automating accounting and payments processes, and leveraging supplier financing solutions, to be the best strategies. However, many don’t take into account the value that taking a more holistic approach to improving spend management can have on their working capital. Refining the Procure-to-Pay process from the very beginning—the Procurement department—can go a long way to improve a company’s long-run costs, cash flow, and control over their working capital.
This webinar event explores how evaluating current procurement and order management functions and implementing automation to streamline these processes helps to optimize future downstream processes like invoice management and supplier payments—and how holistic P2P automation improves a company’s financial control and stability.
Attendees of this webinar will learn about:
- Procurement management trends among North American organizations
- The value and use case of P2P Solutions, requisition to payment
- How to leverage P2P automation with working capital optimization strategies to increase early payment discount capture
Accreditation: Webinar participants can earn 1 CPE credit in Management Services.
Prerequisites: Previous experience in finance / procurement
Who should attend?
- Procurement and Back-office Finance Professionals
- Finance Directors
Advanced preparation: None
Program level: Update
Delivery method: Group-Internet Based
Cancellation policy: PayStream Advisors may at its discretion cancel or replace a previously announced program with a program of similar content. We will make every effort to provide