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.’s struggles with late supplier payments post a key challenge to the overall economy, making the market “ripe for accessible APautomation.” ” The launch comes as APautomation grows increasingly in-demand among corporate finance professionals.
Finance organizations often face challenges with [procure-to-pay] operations in viewing and analyzing data quickly across disconnected supplier systems, limiting the added value they could provide to respond more effectively to market demands,” said Katie Stein, Genpact chief strategy officer and global business leader. “The
“The treasurer might get enamored with a supply chain financing vendor, and start down a path with a supply chain finance initiative. That’s well and good, but if you have so much latency in your invoicing process, the supply chain finance value goes out the window.”
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