The Last Mile of Procure-to-Pay: Why Payment Strategy Determines the Success of Finance Transformation
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Organizations have invested heavily in modernizing Procure-to-Pay through invoice automation, digital approvals, and standardized AP processes. Yet many transformations stop just before the finish line, payment execution. Payments often remain fragmented across banks, business units, ERPs, and manual processes, creating unnecessary cost, operational complexity, and missed opportunities to improve working capital.
In this session, Katie Beatty, Senior Director of Payments at Medius, explores how leading shared services organizations are extending finance transformation beyond AP automation by building a modern payment strategy. Attendees will learn how to standardize payment operations, optimize payment methods, strengthen supplier relationships, improve working capital, and reduce risk, all while creating a more efficient, scalable Procure-to-Pay process.
Key takeaways include:
- Why payment execution is the critical final step in a successful Procure-to-Pay transformation.
- How a modern payment strategy can improve working capital, reduce costs, and unlock additional value.
- What leading organizations are doing to standardize payment operations across banks, entities, and systems.
Speakers
Katie Beatty
Senior Director of Payments
Medius
With 20+ years in B2B payments, Katie Beatty brings a perspective few practitioners can claim having worked on four sides of the industry. She has held roles within financial institutions in commercial payments, served as an end user in accounts payable and finance, contributed to the field through educational consulting with the Institute of Commercial Payments (IOCP), and now brings that full-circle expertise to the technology side as Senior Director of Payments at Medius, a leader in AP automation and spend management. This rare vantage point, spanning issuer, buyer, educator, and solution provider, informs her practical, economics-driven approach to payment strategy and working capital optimization.
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