Best Practice Report

Taming Invoice Processing: Still Work To Do

February 23rd, 2010
With contributors:
Ralph Vitti , Connie Moore

Summary

For many companies, invoice processing (IP) stands today as one species in a kingdom of untamed business processes overstuffed with inefficiencies, manual tasks, and disjointed transitions from one process step to the next. However, business process and applications (BP&A) professionals can capitalize on opportunities to improve their organizations' accounts payable (AP) processes by identifying existing document-centric pain points, categorizing their process maturity, and corralling AP's untamed processes with the right-fit capture, enterprise content management (ECM), automation tools, and business intelligence software.

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