Accounts Payable Automation for Dummies
Tipalti, in collaboration with Wiley, has released Accounts Payable Automation for Dummies - a comprehensive guide available as a downloadable PDF. It's designed to help finance leaders understand the value of AP automation and how to successfully implement it. To complement the guide, Tipalti also produced a webinar featuring expert panelists who share key insights and practical advice based on their own experiences. In this post, we've pulled together a high-level overview of essential takeaways from both the guide and the webinar. You'll get a preview of what AP automation involves, which processes to streamline, how to build a compelling business case, and strategies for effective change management within your organization.
What You Will Learn
What's inside the guide
- A clear breakdown of the full AP cycle, from supplier management and tax compliance to global payments and reconciliation.
- The hidden costs of manual AP, including staff burnout, strained supplier relationships, errors, and limits on strategic decisions.
- A step-by-step roadmap for adopting AP automation, from mapping current workflows to running a pilot and evaluating results.
- A practical framework for comparing AP automation vendors on features, usability, scalability, and ERP integration.
- Ten specific AP processes you can automate, including invoice matching, approval routing, GL coding, tax reporting, and vendor onboarding.
