ActiveWorx Blog

When your organization uses multiple ERPs, it can certainly be a big inconvenience. You and your managers know it’s frustrating. It takes a lot of time for your employees to enter data manually and every report must be created separately.

NORRISTOWN, PENNSYLVANIA, UNITED STATES, October 21, 2021 /EINPresswire.com/ -- ActiveWorx, Norristown, PA, 10/21/2021 – News release content. 

AP leaders may pine for the day when supplier invoices digitally flow through their department, without human operator intervention. But at most organizations, that’s a far-off dream.   

From September 20-23, my colleagues and I had the opportunity to travel to the annual Shared Services and Outsourcing Week (SSOW) event in Orlando, Florida to learn about the latest innovations and trends in shared services, outsourcing, and automation. It was the first in-person event that ActiveWorx attended in a year, so we enjoyed getting face-to-face with fellow financial solutions providers and hearing success stories from global organizations.

Businesses have a lot riding on their ERP.

The ERP manages policies, payment terms, supplier data, and financial information. As the financial nerve center of the enterprise, ERPs rely on timely, accurate, and complete AP data.

But the data that most ERPs get from the AP processes that feed them is anything but. Incredibly, many AP automation solutions are only loosely integrated with the ERPs that they provide.

NORRISTOWN, PENNSYLVANIA, UNITED STATES, September 21, 2021 (IssueWire)