The Rise of Strategic AP: How AI and AP Data are Unlocking New Value for Global Finance Shared Services
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AI has finally cracked the matching and exception-handling challenges that held back earlier waves of AP automation. At the same time, the data flowing through AP – invoices, POs, supplier interactions and payment behaviour is emerging as one of the richest real-time financial datasets in the enterprise, and a strategic asset many organisations have yet to fully utilise.
This session will explore how AP can evolve beyond transaction processing to become a more strategic capability within global finance operations, helping GPOs and GBS leaders predict cash, optimise working capital, strengthen control and support board-level decisions. The panel will map the four stages of AP evolution, from operational control to strategic decision intelligence, and leave you with the practical steps needed to get there at scale, including managed service options, team impact and what good looks like at each stage.
Attendees will:
- Understand why AP is becoming a strategic driver of cash, control and business performance. Discover how AI is transforming AP from a transactional process into a source of insight that can influence working capital, forecasting and board-level decision-making.
- Learn the roadmap for AP's evolution from operational control to decision intelligence. Understand the four stages of AP maturity, what good looks like at each stage, and the practical steps required to move from processing transactions to generating strategic value.
- Leave with practical ideas to accelerate your own AP transformation. Explore the role of technology, managed services, operating models and team structures in building a future-ready AP function.
Hosted by Springtime Technologies with EY and KPMG, the session will outline a practical roadmap to S2P Nirvana.
Speakers
Sven Westeppe
Partner
EY
Steve Standring
CRO
Springtime Technologies
Steven Standring has spent the last 25 years as a CRO in companies in the P2P world, from early stage through to mature. Five of those successfully exited for over $100m and one achieved Unicorn status. As CRO, he has defined and driven the whole go to market strategy including building elite (without being elitist) sales teams, sales support and proactive focussed marketing. All of these companies became early market leaders due to their sharp focus and GTM effectiveness. His focus is on client success and adding value to clients and partners in every interaction. Steve also spent 5 years consulting to and supporting the Shared services market with advice around branding, leadership, customer satisfaction, contracting suppliers and making sure they deliver.
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