Summit Overview

The common issues found in most companies’ Accounts Payable & Purchasing departments are manual data entry, manual routing of invoices, a lack of visibility in the accounts payable & purchasing processes, and the challenges faced with the management of high volume of hardcopy invoices.

In addition, whilst P2P transformation and automation will alleviate a lot of challenges faced, there is still resistance in the adoption process and proven practices on how this can be best achieved. This can be due to a lack of blue print case studies globally on automation and transformation, a lack of available budget, the beliefs that their current processes are working despite the clear benefits associated with transformation/automation including shorter approval cycle time, streamlining of processes, greater supply chain visibility, less manual work and better investment of time/resources and shorter processing times in accounts payables management.

Regardless, in this competitive and fast-moving business landscape, transformation is paramount to enterprises globally!

The 5^th Accounts Payable and P2P Asia Summit returns to Singapore on 31st July to 3rd August 2018 with more strategic case studies specially designed for Heads, Senior Managers, Executives, Analyst in Accounts Payable, Purchasing, Procurement or Procure-to-Pay (P2P). The summit is a four-day program that focuses on proven strategies in the design and implementation of P2P transformation and the alignment of various departments’ processes and policies to achieve better operational efficiency.

Expect to hear case studies on how leading companies streamline processes, reduce costs of AP operations, best practices to digitize and automate AP processes so that they are fully integrated within the purchasing processes to help your organization decrease the time needed for approval process and payment of invoices, eliminate overspend, avoid tax, fraud and regulatory accounts payable risks, transformation best practices and the key considerations and criteria companies have when it come automation. 

5 Key Takeaways of 5th Accounts Payable & P2P Asia Summit

1. Incorporating automation and transformation to achieve shorter approval cycle times, greater visibility, and lower processing costs across your enterprise.
    
2. Achieving better operation efficiency and higher productivity by aligning process and policies of AP with Purchasing or Procurement departments.
    
3. Minimizing variation of work flow between AP and procurement to reduce operational cost and make payment to supplier faster and accurately.
    
4. Develop strategic planning and technology selection practices to direct efforts to have 100% automated processes without errors.
    
5. Increasing efficiency, value and accuracy within AP process to leverage on supplier discounts and other benefits. 

Who Should Attend 5th Accounts Payable & P2P Asia Summit

This event is tailored made for Chiefs, Heads, Senior Managers, Senior Executives, Analyst, Specialists of the following functions from across sectors:

• Accounts Payable
• Purchasing
• Procurement
• Procure-to-Pay/ P2P
• Finance & Accounting
• Supply Chain
• Finance Shared Services

More Details

Please email enquiry@equip-global.com for more information on the agenda, registration rates and full speaker profiles.