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 a Global Food Enterprise Uses AI to Achieve Delicious Results
March 20 by Beth Brown
At 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 Inc
Digital 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 Hughes
Reducing 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 Beebe
In 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 Editor
A 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 Hughes
SSON 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 Beebe
Taking 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 Editor
SAP 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 Beebe
Read 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 Beebe
Intelligent Document Processing is the latest AI technology changing accounts payable teams, but are businesses getting the most out of their investment?
AP on the Cloud
February 28 by SSON Editor
This report explores the impact of AP on the Cloud solutions on existing operating models. Here, we demonstrate how post-pandemic trends create opportunities for the future of work, enabling digitaliz...
When End-to-End Processes End in Frustration: P2P vs. Accounts Payable Invoice Automation (APIA)
September 29 by Naomi Secor
Businesses are exploring ways to quickly save money, increase productivity, and improve visibility. Their research brings them to a crossroads, P2P or APIA?
