IBM Business Process Services for Finance and Administration - Accounts Payable Solution
For many organizations, the financial settlement cycle can be slow and inefficient, encumbered by the management of paper files and error-prone manual processes. The IBM Business Process Services for Finance and Administration - accounts payable solution is designed to help organizations throughout the financial settlement cycle - from issuing purchase orders to processing invoices and receiving payments. It provides automation that helps achieve new levels of efficiency, improve use of payable-related working capital and enhance compliance. The accounts payable solution is one of the focus areas of IBM Business Process Services for Finance and Administration, which offer outsourcing solutions designed to help one reduce the costs associated with corporate financial processes and leverage the advantages of a globalized environment.