From frustrating to fabulous: Seven steps to creating a healthy AP workflow

75% of CPAs reached retirement age in 2020. That was 4 years ago. Meanwhile, enrollment in accounting education has declined, with 33% fewer first-time candidates sitting for the CPA exam in 2021 than in 2016.

As teams become burned out and risks of errors and “brain drain” pile up, creating a healthy AP workflow is critical.

Your AP workflow starts with creating a PO, the formal request to a supplier for goods or services, then goes to delivery of goods and services, and culminates in transaction reviews and audit support. That’s certainly a lot on the face of it, and we didn’t even mention all the individual milestones. Each milestone within the end-to-end workflow represents its own set of challenges and risks or an opportunity for optimization and best practices.

But, you need to fully understand your way of working before you can improve, change—or automate—it. So, join our partner Quadient AP to deconstruct your processes and create a pathway to end-to-end automation that supports our ultimate goal of a healthy AP function.

Join us and our partner Quadient AP on 3/20 10 AM PST/1PM EST to learn how to take your AP workflow from frustrating to fabulous.

In this webinar, users will learn:

• Why a healthy AP workflow process is more critical than ever
• Non-negotiable and advanced ideas for your workflows
• How AP automation can make advanced ideas a breeze