[Editor’s Note: Ardent Partners is pleased to present a new webinar, 3 Secrets of Best-in-Class AP Departments, sponsored by Bottomline Technologies. This webinar is scheduled for Thursday, September 19th at 2 PM ET. If you are interested in learning more, click here.]
Best-in-Class Accounts Payable (“AP”) organizations have blazed the trail for all other groups, showing by their example and results what is possible when an AP department operates at full potential. These leaders have been able to transform their operations and maximize the gains achieved on the AP journey. They serve as the clearest and best examples of what an AP department can bring to bear and how AP can impact business operations and business results. But why do some AP organizations excel while others struggle to keep up or maintain the status quo? Ardent Partners defines “Best-in-Class performance” in its research as the 20% of enterprises with the lowest average invoice processing costs and shortest average invoice process cycle times. The top-performing enterprises have been able to take their AP performance to the next level.
Join Ardent Partners Research Director, Bob Cohen, on a new webinar this Thursday, September 19th at 2 PM ET, entitled 3 Secrets of Best-in-Class AP Departments (click to register). On this webinar, sponsored by Bottomline Technologies, Cohen will present the three key features that make a Best-in-Class AP department, and how you can move your team into this elite status. Cohen will also discuss the profile of a Best-in-Class AP operation, provide key benchmark data for AP in 2019, and help navigate a clear path forward to becoming more efficient and cost effective.
The average AP function has an extraordinary opportunity to impact the greater enterprise in 2019. But the path must start with an AP leader and team that is committed to actively transforming themselves into a more strategic operation. Join us this Thursday at 2 PM ET to get started.