Supplier relationships matter. The strength of supplier relationships impacts contract terms, and the timing and type of supplier payments which can have meaningful impacts on the bottom line. Friction in supplier relationships impact productivity within and beyond accounts payable and procurement, inflates payments processing costs and facilitates working capital management decisions that are less than optimal.
Join us to discover 7 bottom-line impacts from supplier management done right and how companies are leveraging technology to:
* Reduce friction within your AP team and with suppliers to facilitate collaboration and build relationships with suppliers
* Empower employees to spend more time to perform strategic, business-critical tasks while also getting greater
professional fulfillment
* Reduce AP processing costs
* Easy replication of tasks and processes across multiple locations, international borders, and business units.
* Allows business to retain full control and autonomy over operations rather than outsourced low-value tasks to a third party.