Recorded Webinar

Accounts Payable Trends 2017: The Process and Technology of AP Invoices

Original air date: October 25, 2017

Speaker: Ernie Humphrey, CEO & Founder, 360 Thought Leadership Consulting

Abstract

With more and more manual business processes putting profitability and productivity at risk, the ways in which companies perform day-to-to-day operations is changing drastically. In the pursuit to cut operational costs and improve efficiency, technology is set to impact the accounts payable invoice process in new and dynamic ways. To better understand the market forces, developing trends and technologies companies are using in the AP invoice process today, Certify has surveyed more than 300 accounting professionals from outside its customer base to reveal the top accounts payable benchmarks and trends for 2017. In this presentation, you will learn what issues other companies like yours are facing in the AP invoice process, and what strategies and practices companies are using today to overcome common challenges.

Learning objectives include:

  • Why 23% of companies are paying over $11 to process a single invoice
  • What the top 5 AP invoice pressures that companies are facing
  • Why 48% of companies take over 10 days to process a single invoice
  • What the top technologies are used in AP invoice processing
  • How 65% of companies are planning to switch to AP automation software

Slides from the webinar

Webinar Recording

About the Presenter

Ernie Humphrey
Ernie Humphrey

CEO & Founder, 360 Thought Leadership Consulting

Ernie Humphrey currently serves as the CEO of 360 Thought Leadership Consulting, and the CEO&COO of Treasury Careers. Ernie is a proven strategy and financial professional with 20+ years of experience. He has diverse industry knowledge as a seasoned corporate practitioner, a leader at the largest association for financial professionals (the Association for Financial Professionals (AFP)), and as a driving force behind the development of the largest online community for senior level financial professionals (Proformative). During his career he has supported and delivered thought-leadership in the arenas of finance, treasury, accounting, and related disciplines. Ernie has demonstrated success in building consensus, embracing change, driving results through innovation, business development, and community building.

Ernie has extensive experience in the areas of educational event development and execution, marketing, international cash management, global insurance, and acquisition integration. Ernie has a BS and MS in Economics both from Purdue University. He has authored published articles on working capital management, acquisition integrations, and bank relationship management in addition to various articles dealing with professional development. Ernie is a Certified Treasury Professional and is a sought-after public speaker