Country clubs lose margin the same way every year: a mispriced case of produce, a duplicate invoice slipping through approval, a department head coding to whatever GL feels right t…
Country clubs lose margin the same way every year: a mispriced case of produce, a duplicate invoice slipping through approval, a department head coding to whatever GL feels right that month. None of it looks like a crisis in the moment, but with 66% of clubs flagging at least one invoice for overcharges or fraud, the cost of catching it late is steep in an industry where every dollar eventually shows up in a board meeting.
In this session, Ottimate CMO Mike Waldron walks through the findings of the first-ever Country Club AP Automation Benchmark Report, built from real invoice data across hundreds of thousands of transactions, not survey estimates. Attendees will learn how automation catches duplicate invoices and pricing errors before they hit the books, what fraud exposure looks like across the industry today, and how leading clubs are cutting invoice lifecycle time while giving Controllers and GMs their time back.
What you’ll learn:
– Why country club customers saved $98 million in duplicate invoices this year alone – How continuous monitoring catches fraud and overcharges before they become a loss
– How to cut invoice lifecycle time from 11 days down to 4
– How automation saves clubs $40,500 per account per year in AP labor
