Webinar Preview -- How Does Your Accounts Payable Department Stack Up?
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How Does Your AP Department Stack Up? Results of IOFM’s 2013 AP Automation Study Presented by: Mark Brousseau Brousseau & Associates Julie Mai Esker
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In today’s increasingly competitive global economy companies are placing a premium on optimizing working capital management. This has made Accounts Payable (AP) automation more important than ever. Companies recognize that the benefits provided by AP automation – improved financial visibility, the ability to capture more early payment discounts, and enhanced supplier relationships – provide a significant competitive advantage. So how do your AP automation initiatives stack up against those of your competitors? Find out during an interactive webinar on September 4. You’ll learn the results of a new AP automation study conducted by IOFM and sponsored by Esker. For the first time, the presenters will share data on AP automation technology adoption, key business case drivers, technology plans, top implementation challenges, and more. Topics covered include: e-invoicing, workflow routing, and PO-based invoicing. There also will be time for your questions. Don’t risk letting your AP department fall behind the competition – register for this webinar today!
Transcript of Webinar Preview -- How Does Your Accounts Payable Department Stack Up?
How Does Your AP Department Stack Up?Results of IOFM’s 2013 AP Automation Study
Presented by:Mark Brousseau
Brousseau & Associates
Julie MaiEsker
Julie Mai
Julie’s 20+ years of experience has included working with companies in all facets of document automation — from the early days of faxes moving from thermal paper to plain paper, to medical facilities looking to automate medical records, to companies looking to streamline and automate order-to-cash and procure-to-pay processes.
Working with Esker the past 5 years, Julie’s primary focus has been helping customers “Quit Paper” and move to solutions that add functionality and visibility to their environment while decreasing the overall cost of completing these processes.
Mark Brousseau
Mark Brousseau is a noted marketer, analyst, speaker and writer, with more than 21 years of experience advising leading providers of payments and document automation solutions.
Brousseau is President of Brousseau & Associates, a full-service strategic marketing and business development firm based in York, PA. With the largest client base of any independent firm specializing in the payments and document automation arenas, Brousseau & Associates counts among its clients many top solutions and services providers.
Introduction — Join the Conversation!
• Webinar hashtag: #quitpaper• Be sure to follow: @EskerInc
About Esker
• Esker helps organizations around the world Quit Paper™ by offering solutions (on-demand or on-premises) to automate virtually any manual document process.– Global headquarters in Lyon, France– In business for 28 years– In “the cloud” for 8 years – 290 employees– Distributors in over 50 countries– 4,500+ SaaS-based customers – 50,000+ SaaS-based users
Business Runs on Documents
Agenda
• Survey Overview• About the Respondents• Survey Results• Conclusion• Q & A
SURVEY OVERVIEW
How Does Your AP Department Stack Up?
Survey Overview
Key questions to answer:• Numbers of invoices processed per month?• Level of AP automation in invoice processing? • Awareness of cloud solutions among AP professionals?• Prevalence of cloud solutions in AP departments?• Key obstacles in deploying cloud solutions?• Primary challenges in deploying AP automation?• What, exactly, are the key trends?
Survey Methodology
• Online survey
• Survey presented to thousands of AP professionals– About 120 respondents completed the survey
• Approximately two dozen questions– Most could be answered with a single click
• Respondents were given several weeks to take survey
ABOUT THE RESPONDENTSHow Does Your AP Department Stack Up?
About the Respondents
15%
75%
2%
8%
1%
What is your job title or function?
AP Practitioner
AP Supervisor/Director/Manager
CFO
Controller
Purchasing
About the Respondents
12%
12%
11%
8%19%
9%
15%
15%
What is your company’s annual revenue?
<$10 Million$10 Million to $24.9 Million$25 Million to $49.9 Million$50 Million to $99.9 Million$100 Million to $499.9 Million$500 Million to $999.9 Million$1 Billion to $3 Billion>$3 Billion
About the Respondents
29%
71%
What is your company’s industry?
ManufacturingNonmanufacturing
Olbrantz, Sara
This is extremely broad. Mark - Will you be explaining this more during the webinar?
Olbrantz, Sara
"Non-manufacturing"
About the Respondents
25%
21%
14%
11%
11%
17%
How many total invoices does your company process per month?
1 to 9991,000 to 2,4992,500 to 4,9995,000 to 9,99910,000 to 24,99925,000 & over
SURVEY RESULTSHow Does Your AP Department Stack Up?
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