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eBook: Purchase-to-Pay Manifesto - Benchmark your business agility with a purchase-to-pay model

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Cash is king. Run out of cash and your business is history. This is, of course, why so many business professionals spend so much time examining their income statements, pouring over profitability, gross margins, operating costs and net income. It’s also why they spend so long developing robust systems to manage cash as it passes through the organization. And yet, many finance professionals still do not have the level of visibility and control they would like.

Basware helps companies use their purchase-to-pay processes for strategic business advantage. We combine near total visibility of cash flow with dynamic financial controls enabling today’s CFOs to take a more agile approach to their organisations’ finances. Because Basware addresses the entire purchase-to-pay cycle, we help bring together everyone involved – from Finance to Procurement to suppliers – giving everyone a clearer, more actionable picture of what’s going on in the business.

By providing a far more accurate view of your company’s working capital, we reduce the need for expensive borrowing. As a result, you have more agility to make the right decisions for your business.

The Purchase-to-Pay Manifesto can help you to:

  • Improve Finance’s analytical, modeling and forecasting capabilities.
  • Ensure support for corporate objectives around cost reduction, growth and cash management.
  • Overcome lack of visibility into enterprise spend.
  • Manage complexity of all components of the Finance service delivery mode
  • Forecast future scenarios and risks reliably.
  • Leverage new finance applications, technologies and technology deployment models

“Slow, and error-prone, human beings still handle more than 90% of all business-to-business (B2B) invoices.”

- Duncan Jones, Senior Analyst, Forrester Research

 

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