SSON Glossary: Accounts Payable (AP)
Accounts payable (AP) is money owed by a business to its supplier.
Data from SSON Analytics shows that organizations with high levels of AP automation can save >50% on invoice processing costs - supporting why it is such an important area of Finance Shared Services today!
How To Automate Accounts Payable eBook
July 02 by Shared Services & Outsourcing NetworkThis eBook explores trends in accounts payable (AP) automation, along with insights into what the future will hold, and the role of e-invoicing in AP automation. Gain best practices for selecting the...
End-to-End AP Automation Software Evaluation Guide
May 14 by Shared Services & Outsourcing NetworkYour guide to understanding the benefits of end-to-end automation software and tips to help you find the perfect software partner.
How a Global Food Enterprise Uses AI to Achieve Delicious Results
March 20 by Beth BrownAt the AP Automation Digital Summit, SSON were joined by speakers from Mars, Brousseau & Associates, and ABBYY for a discussion around leveraging AI in Accounts Payable. In their session, the three di...
AI In Your AP Inbox? 6 Important Questions To Ask
February 28 by Appzen IncDigital transformation, generative AI, and change management are all hot-topic conversations within accounts payable teams. But, how do you find the best AI-enabled query management solutions to meet...
An Essential Checklist For Reducing Your Invoice Processing Costs
February 12 by Dave HughesReducing invoice processing costs is crucial for improving overall efficiency and optimising financial operations within a business. Dave Hughes, GBS Expert and Global Shared Services Leader, shares a...
Beginner's Guide to Accounts Payable in Shared Services
October 15 by Evan BeebeIn the majority of shared services, P2P remains the first processes to be centralized, automated and streamlined end-to-end, so SSON wanted to provide you with everything you need to know about optimi...
Gaining Greater Control Over Cash Flow with AI
August 07 by SSON EditorA recent SSON webinar with OpenEnvoy revealed companies in the US alone had spent a staggering $16.5 Trillion in 2021.
10 Practical Steps to Optimise the Accounts Payable Process
July 20 by Dave HughesSSON Advisory Board member Dave Hughes outlines the 10 things he focuses on to get his AP team operating in high-performance mode.
New Frontiers in Accounts Payable
May 31 by Evan BeebeTaking the next step in end-to-end accounts payable processing with autonomous AP.
Strengthen your Invoice Policy with Help from SAP Concur
November 15 by SSON EditorSAP Concur has created a guide to help your business create (or update) a vendor invoice policy that is simple to understand, and easy for your employees to follow and enforce.
Autonomous Accounts Payable: Driving End-to-End Workflows With AI
August 10 by Evan BeebeRead this report for a closer look at the current state of AP, where businesses currently stand in regard to AI in AP departments, the challenges those departments are facing, and the solutions AI off...
How to Squeeze the Most Value from Invoice Data with Intelligent Document Processing
July 26 by Evan BeebeIntelligent Document Processing is the latest AI technology changing accounts payable teams, but are businesses getting the most out of their investment?