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Published byOwen Austin Modified over 9 years ago
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4 Keys to AP Automation Success NO PAPER – NO PROBLEM
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Poll Question What percentage of invoices are electronic? ◦100% ◦50% ◦25% ◦Under 25%
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Poll Question What percentage of payments are electronic? ◦100% ◦50% ◦25% ◦Under 25%
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Value – Before Automation
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Value – After Automation
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Meet Chris I write books. I have a website. www.apautomationnews.com
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◦Know Your Numbers ◦Numbers In Action ◦Have A Plan ◦The Advocate
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More Than Knowing 1.Find Your Numbers 2.Know Your Numbers 3.Use Your Numbers
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Poll Question How often do you use numbers to make decisions? ◦All The Time ◦When it calls for it ◦Sometimes ◦Not much at all
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Step 1 - Find Your Numbers
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Numbers
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Step 2 - Know Your Numbers
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Numbers 1500 = 40 CPI = $22 8500 Hours 21 People 20 Touches
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Step 3 - Use Your Numbers
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Numbers 1500 = 40 CPI = $22 8500 Hours 21 People 20 Touches
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Numbers 1500 = 40 CPI = $22 8500 Hours 21 People 20 Touches
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Numbers 1500 = 40 CPI = $22 8500 Hours 21 People 20 Touches
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Numbers 8500 Hours 20 Touches 21 People CPI = $22 1500 = 40
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Numbers Benchmarking $9 8500 Hours 20 Touches 21 People CPI = $22 1500 = 40
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Numbers In Action
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AB
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A?
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Strategy 4 - Plan 1500 = 40 CPI = $22 8500 Hours 21 People 20 Touches
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AB
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08500
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$22 $9
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9 Things To Do With New Time Grow the Business without Adding Staff New System Administration Reduce Headcount Centralize Accounting Vendor Discounts Contract and Pricing Negotiations Internal Controls Accounts Receivable Do Their Job
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Change Management
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The Great Experiment
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Who Did Well? Who Didn’t Do Well?
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An Advocate
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What is it? Not Just 1 R-E-S-P-E-C-T Change Agent Loves Automation!
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Find Your Number Know Your Numbers Use Your Numbers Numbers In Action The Plan Change Management The Advocate 1 2 3 4
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Poll Question Where do we go from here? ◦Receive the AvidXchange Blog ◦Complete a Time Study ◦See a Customized Demo ◦Just Researching for Now, Thanks!
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www.apautomationnews.com Free Book – SpreadSheet = celmore@avidxchange.com celmore@avidxchange.com
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