Global Benchmark Review: Key Insight from Fortune 500 AP, P2P and Shared Services
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Last year, APEX Analytix released their 2015 Financial Leaders’ Benchmarking Report – a state-of-the-art review of top financial professionals that provided in-depth global insights on Accounts Payable, Procure-to-Pay and Shared Services best practices.
Results were astounding:
- 45% of AP organisations do not track whether they are capturing all available discounts from suppliers
- 64% of AP organisations fail to report on monthly cash discount performance to senior leadership.
Today, the role of recovery audit in AP is more important than ever. Without the right monitoring and reporting procedures you could be losing all the savings gained through negotiated deals and could literally be giving money away.
Join this webinar for a summary of the key take-aways of the report – and start the new year with a list of value-adding 'to-dos'.
Presented by: APEX Analytix
Danny Thompson is VP of software product management at APEX Analytix and is responsible for defining, communicating and leading the company's software product strategy and roadmap. He works closely with customers to ensure that each solution helps them meet their business objectives. Danny has a proven track record in the procure-to-pay arena, with a strong background in ERP implementation, process automation and financial shared services.
He was previously VP of product management at Tungsten Network, a global business-to-business e-invoicing firm. He is also a former global process driver for invoice-to-pay at Pfizer. Danny earned his BA degree from Harding University.
Barbara Hodge is SSON's online editor and is responsible for ensuring the website reflects the very best in case studies, news, interviews and thought-leadership to answer all your needs. She has been with SSON for over 10 years.