A deficient accounts payable function creates problems for procurement and the CPO. AP departments that lack technology, centralization of oversight, and visibility negatively impact procurement processes and performance. A discussion around these challenges (which are common) and how Best-in-Class enterprises tackle them will be a primary focus for the webinar (free registration) that I will be participating in on Thursday.

In this webinar, I will discuss the ability of ePayables (accounts payable automation solutions) to foster a collaborative work environment between AP and other functions, primarily procurement, treasury, and IT. Here’s the official description of the webinar:

The Digital Difference: Gaining Stakeholder Collaboration with Accounts Payable Automation

March 25, 2010, 2:00-3:00 ET.

The 2010 Metafile/Aberdeen ePayables Webinar Series

With cost containment and cash management at the top of the executive agenda, accounts payable professionals find themselves more-closely aligned with senior leadership than ever. Leading AP departments are prepared to deliver in 2010. Recent Aberdeen research has found that Best-in-Class enterprises have standardized, centralized, and automated their accounts payable processes, achieving performance gains including:

• Invoice processing costs 83% lower than their peers
• Invoice processing cycle times 82.7% faster than their peers

Join Aberdeen Group’s Andrew Bartolini and Metafile at 2pm EST on March 25 to learn how these top-performers are aligning to support executive goals, provide greater visibility, achieve new levels of performance, and rise in significance within the enterprise.

Andrew Bartolini, Vice President / Group Director,
for Aberdeen’s Global Supply Management Practice

Andrew Bartolini is a recognized expert in sourcing, procurement, and supply management who focuses his research on helping enterprises develop and execute strategies to achieve operational excellence within their procurement and finance departments.

Doug Bertram, Regional Manager
Metafile Information Systems, Inc.

Doug Bertram is the Regional Manager with Metafile Information Systems, Inc. Bertram is responsible for identifying opportunities to improve operational efficiencies for clients in the Midwest and Western regions.

This free webinar, which is sponsored by Metafile, will be archived and available for several weeks starting March 28.

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