Treating the Top 3 Pain Points of Spend Management—P2P Automation

Spend management is essentially the art of maximizing the value of every dollar spent by an organization. There are three pain points in spend management that are prevalent for many organizations and they include maverick spending/compliance, supplier relationship management and visability/reporting/analytics. According to Esker, the best way to move past the manual managing of transactions is through AI-driven automation. Converting to AI automation allows for greater efficiency, lower supply costs, less risks, improved supplier relations and increased productivity. The benefits are far-reaching within an organization and are realized by key stakeholders in upper management.

Members >> Learn more about how automation of your payment processes will provide a transparent view of exactly how your capital is spent.

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