Next Webinar: "The AP Manager's Guide to Selling Automation to Your CFO"

Posted by Daniel Hartis on May 22, 2015 7:30:00 AM

Throughout the month of May, we have shared a variety of posts on how you might build a business case for AP automation. We’ve told you how to speak your CFO’s language, how to crunch the numbers, and how to build a business case around ROI. We’ve written about why CFOs love automation (even if they don’t know it yet), and why you shouldn’t wait to automate.

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Topics: ap automation,, accounts payable automation, business case for ap automation

Four Tips on Presenting a Case for AP Automation

Posted by Daniel Hartis on May 21, 2015 3:49:45 PM

If you’re like me, building a business case is far easier than presenting it. 

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Topics: ap automation,, accounts payable automation, business case for ap automation

The Formula for Success is DPAA

Posted by Daniel Hartis on May 19, 2015 10:57:47 AM

We have been talking this month about how you can convince your CFO as to the value in AP automation by using a common language to talk about things like hard dollar savings and ROI.

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Topics: ap automation,, accounts payable automation, business case for ap automation

Revolution 2015: AvidXchange's Annual Users Conference

Posted by Daniel Hartis on May 18, 2015 10:24:19 AM

If you’re reading this at your desk this Monday morning, I’m sorry.

I don’t mean to rub it in, but some employees and users of AvidXchange are just now waking up in sunny Costa Mesa, California, where they will no doubt be enjoying a great breakfast before hitting the links at Marbella Country Club.

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Topics: ap automation,, accounts payable automation, revolution 2015

Don’t Wait to Automate: Three Reasons Why

Posted by Daniel Hartis on May 15, 2015 2:28:00 PM

When is the right time to automate?

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Topics: ap automation,, accounts payable automation, business case for ap automation

Best Practices for Change Management

Posted by Daniel Hartis on May 14, 2015 3:14:58 PM

They say the only constant is change -- but for many in the accounts payable space change is a scary thing.

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Topics: ap automation,, accounts payable automation, business case for ap automation

Four Reasons CFOs Love Automation (Even If They Don’t Know It Yet)

Posted by Daniel Hartis on May 13, 2015 12:56:07 PM

We are spending this month talking about the challenges of creating a business case for AP automation. Except to us, it’s no great challenge. For the last 15 years, we’ve been extolling the benefits of automation to anyone who would listen. We could talk through the intricacies of electronic invoices and payments in our sleep.

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Topics: ap automation,, accounts payable automation, business case for ap automation

Handling Your CFO’s Objections

Posted by Daniel Hartis on May 12, 2015 8:30:00 AM

If you’ve read our recent series on building a business case for AP automation, you have already taken a major step in convincing your CFO to automate. You now know not only how automating your accounts payable process will affect your own job, but how it will affect the bottom line both now and for years to come.

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Topics: ap automation,, accounts payable automation, business case for ap automation

Building a Business Case Around Return on Investment

Posted by Daniel Hartis on May 11, 2015 2:19:00 PM

We’ve already talked about ways you can “speak a common language” with your CFO, but there’s one phrase we left out: return on investment, or ROI. We didn’t include it earlier because the phrase – and the concept itself – merits its own blog post.

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Topics: ap automation,, accounts payable automation, business case for ap automation

Crunching the Numbers: Hard Dollar and Soft Dollar Savings

Posted by Daniel Hartis on May 8, 2015 7:39:24 AM

This month, we're talking about how AP managers could build a business case for AP automation. We've talked about finding the things that keep your CFO up at night; we've discussed finding common ground; and just yesterday we wrote about how critical it is to speak a common language with your CFO

Now we're getting to the crux of the argument for automating -- the money saved. But before you can talk about cutting costs, you need to identify two kinds of savings: hard dollar and soft dollar.

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Topics: ap automation,, accounts payable automation, business case for ap automation