Wednesday, June 1, 2016

Keeping your AP Automation project out of the ditch

Presenters list from the IOFM Conference appDescription from the IOFM Conference app
















Last week was IOFM's Spring AP Conference & Expo. One of the many fantastic workshops was a panel discussion on Keeping your A/P Automation project out of the ditch. Here are a few notes that I tweeted at the time, just to give you a sneak peek!


There's no better source of information on how to keep yourself out of a proverbial ditch than your peers! - Mark Brousseau

Twitter:
© 2016 Robert Ruhno
STP: straight through processing rate

Be honest with AP Automation vendor: how many invoices do you really process, what is your real budget.

"First we cut the fat, then we cut the muscle". -Rock Persuad,APM

Don't  automate bad processes. Garbage in garbage out -Ed Bilkerdyk, APM

Using Kofax we now have 85 - 90% of invoices coming in as emails. -Mary Courtright, APM







Robert Ruhno
Director of Social Media
Accounts Payable Professionals Group (APPG)
ap-professionals.com

2 comments:

  1. Hi Robert
    Love the site! Its interesting to know that there are so many people out there who are passionate about AP! Congratulations on seeing a need and then filling it!
    I am currently a post grad student at Sydney University (Australia). I am seeking insights from Australian AP industry professionals on both their processes, and their views on AP automation capabilities.
    Would this be something that you may be able to assist with at all?

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    Replies
    1. If you could assist, please get in touch with me via: lwil5753@uni.sydney.edu.au and we can go from there. Appreciate it.
      Lachlan

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