How Are Cutting Edge Companies Managing Accounts Payable?
More and more it’s becoming common for the leading companies to imply using financial technology solutions to solve their issues.
Automation is a significant instrument to solve any accounts payable issues. Below you can see the reason why these companies went to automation and what they have gained from it. You can also find here a true-to-fact example of its influence when a company managing 3,000 invoices and 2,000 payments per year.
Visual Communication - 70%
Design - 80%
Content/Script - 70%
Usability - 75%
This infographic explains some tips for managing accounts payable. Each tip has an image that supports the information, although since most of the tips also have a data point of some kind involved it could be nice to see the savings/data visualized too. Also make sure your images are consistent -- while most of the illustrations show what happens when AP implements the better solution, the automation tip shows someone who hasn't implemented it and is buried in papers! It's ok to do either (the before or the after) but just be consistent and make sure the copy matches the choice. Also be sure to include sources for your information. In all we'd give this a C.