The AP Planning Guide for Next Year’s Budget Season

The AP Planning Guide for Next Year’s Budget Season

If Q4 is a stressful scramble for your finance team, you’re in good company. By the time the final quarter of the year rolls around, most accounts payable leaders are knee-deep in accounts year-end review, month-end close, and audit preparations. As a result, planning for the coming year often gets put off until January.  It’s […]

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Why AP Transformation Fails Without Change Management

Why AP Transformation Fails Without Change Management

Six months after go-live, the AP manager at a 200-employee food distributor pulled up the usage dashboard and felt her stomach sink. Adoption was sitting at 40 percent. Half of her team was still printing invoices and marking them up by hand. One clerk kept a spreadsheet “just in case” the new system lost something.

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Is Your Grocery Store Losing Money Without Realizing It

Is Your Grocery Store Losing Money Without Realizing It

Grocers overpay vendors by an average of $37,000 per year, and most don’t know it. Progressive Grocer sat down with Sade Santana, Strategic Grocery AP Solutions Consultant at Ottimate, and Nick Sarpolis, Grocery Industry Expert at Ravyx, to discuss backdoor and receiving and vendor pricing processes and how they contribute to overpayment.  Below is a

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The Finance Leader's Guide to Change Management

The Finance Leader’s Guide to Change Management

Finance teams have more tools available to them than at any point in history. And yet, according to Ottimate research, 48% of finance leaders report little to no cost savings from their current AP automation tools.  It’s not a technology problem. The problem is everything that happens after the contract is signed. It may have

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