Wed.Jun 16, 2021

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The benefits of accounts payable – a finance perspective

Future CFO

Organizations that adopt accounts payable (AP) automation can experience significant benefits including greater control over cash management, reduction in processing costs, fraud mitigation and improved compliance. This white paper examines recent findings from several independent business analysis companies. It breaks down the AP automation issues faced by organizations and highlights the statistics that show there are major benefits to be gained in implementing an AP automation system.

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Skills become the new currency for workforce transformation

Future CFO

Skills have become the new currency of workforce and talent strategies, as more than half of organisations that responded to the 2021 Mercer Global Talent Trends survey target upskilling and reskilling of critical talent pools to drive workforce transformation, Mercer said recently. Traditionally, the base unit of managing a workforce has been a job, Mercer pointed out, adding that job descriptions and titles have, until recently, defined how companies viewed work, how they set salaries, and how

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Five case studies to inspire your AP automation strategy

Future CFO

Is there an untapped opportunity for epic transformation and cost-savings in one of your most essential backoffice functions? According to organizations worldwide, automating end-to-end accounts payable (AP) processing is a big win. This e-book highlights five AP success stories from Kofax customers. Notable outcomes include: 400% increase in productivity per person. 70% decrease in cost to process a single invoice. $76,000 saved in one year.