While ERPs are vital for managing core financial and accounting tasks, they often fall short in fully supporting end-to-end accounts payable (AP) processes. This gap makes AP one of the most time-consuming and manually intensive functions in finance, as consistently reported by financial executives. The inefficiencies not only consume valuable time but also expose organizations to unnecessary risk and missed strategic opportunities. In The Last Mile of ERP, companies are exploring how to close this gap by integrating advanced AP solutions that complement their ERP systems. These strategies focus on overcoming global payment challenges, minimizing risk exposure, and unlocking new avenues for financial optimization and growth. |
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