Corporates entities continue to make steady progress in their march to streamline and automate their order-to-invoice processes. Over the past decade, most large corporates have deployed supplier portals, implemented e-invoicing solutions and driven improvement in processing efficiency through workflow automation. While most companies still have significant opportunity to further improve efficiency, the most progressive organizations are shifting their focus to the “last mile” of Procure-to-Pay (P2P) and unlocking the hidden value in their approved invoices.

How are organizations unlocking approved invoice value? Simple. By tapping into platforms like SAP Ariba, companies are able to upload their approved invoices to a B2B Network, collaborate with trading partners to offer/request early payment and utilize payment networks to settle electronically in a simple, secure and certain environment.

The shift from a focus on process efficiency to effectiveness is having a profound impact on the traditional roles of procurement and finance.Increasingly these functional teams are working more closely together and teaming up to more strategically manage supplier relationships.These trends are accelerating and blending the traditional physical supply chain with the financial supply chain.

Attend this interactive webcast, so that you can:

• Learn how SAP Ariba’s Strategic Payables platform unlocks the value of approved invoices
• Explore how your financial supply chain benefits from an integrated Procure-to-Pay approach
• Understand the power of a network centric approach to B2B payments and financing

Speakers:

Brent Kinman, VP Global Network Payables, SAP

Alan Cohen, VP Working Capital Strategis, SAP