Innovation starts at the very beginning with digitizing the front end of the AP process through the expanded use of electronic invoicing, focusing on a healthy data quality and overall compliance

Leaders need to also look for areas of improvement and including automation in their AP that could still be further improved to achieve true touchless invoice processing (with no human intervention needed)

The tail of the process is just as crucial as preceding steps, but often is neglected the most, optimizing supplier payments can not only increase overall efficiency but also provide revenue streams back to the business through rebate programs