In order to effectively manage global working capital, the customer-to-cash (composed of credit risk and receivables management) and the procure-to-pay (composed of procurement and payables
management) processes need to be streamlined.
The Trade Payables
program significantly reduces DSO from the traditional net of 30, 60, 90 days to now two or three days.
Unlike cash-method payables
, the working-capital loan constitutes a "liability.
Some of these compound instruments may combine only a few fundamental instruments; for example, a callable zero-coupon bond combines (from the issuer's perspective) an unconditional payable
and a call option held.
For more information or to register for the 2006 National Tax Reporting Conference with the Accounts Payable
Leadership Track, visit http://www.
With Bottomline's approach to payables
automation, organizations can quickly and easily transform accounts payable
operations to increase the availability of working capital and significantly reduce risk," said Eric Campbell, Chief Technology Officer, Bottomline Technologies.
Recognizing that adoption by the supplier community is critically important to successfully streamlining the A/P process, Emergis e-Invoicing for Payables
is supported by Fast Lane, a comprehensive adoption program designed to accelerate a return on the solution's investment.
OpsTechnology develops software that saves money for real estate operating companies by improving their ability to manage and standardize Procurement, Purchasing and Payables
A new Aberdeen report, "E-Invoicing Solution Selection - Leading an Accounts Payable
Extreme Make Over," is your guidebook to choosing the right strategy, effectively building an invoice reconciliation and payment (IR&P) case for action, and selecting the right provider for your company.
Resources in AP Tools Suite include hundreds of templates, forms and checklists to meet a wide range of accounts payable
needs, whether conducting unclaimed property due diligence, preparing requests for proposals for outsource services and evaluating proposals, evaluating software solutions, planning for disaster recovery and business continuity, collecting vendor debit balances, interviewing job candidates or calculating charge-back pricing for shared services.
The report features Accounts Payable
success stories, key drivers influencing AP process transformation, and Aberdeen's recommendations for successful system deployment.
the North American subsidiary of Finland-based BasWare Corporation (HEX:BAS), the world-leading provider of enterprise purchase to pay software, today announced that the Aberdeen Group, a prominent industry research firm, has selected BasWare's customer Finnair, as a model of best practices in accounts payable