5 Ways Automating AP Optimizes Working Capital
This episode dives into how accounts payable (AP) automation optimizes working capital and achieves cost savings. Our guest, Mark Brousseau from Brousseau & Associates, who collaborates closely with the Institute of Finance and Management (IOFM), shares his insights on leveraging AP automation to reduce overhead costs, enhance visibility into cash flow and spending, rationalize the Days Payable Outstanding (DPO) metric, and highlight the benefits that companies miss out on by not automating their AP processes.