UNLOCKING INSIGHTS FROM PROCURE-TO-PAY (P2P) TRANSACTIONS
Given that some organizations have hundreds or thousands of vendors, viewing vendor information in totality (or individually) has enormous benefits.
AP Forensics® offers users the ability to configure dashboards and reports without the need for additional coding. Over 80 ready-to-go reports with enhanced filtering and export options are available at the click of a button so that P2P teams can quickly and easily pull the information they need and use it for further issue or performance analysis.
In addition, all teams involved with monitoring the vendor relationship can share information and work from the same view of each vendor. This facilitates better decision making including, particularly where capital and resource allocation is concerned.
The benefits of AP Forensics:
- Reduces cost of professional services by eliminating the need for costly custom report design
- Increases productivity by providing immediate actionable insights
- Provides real-time view of transactional spend through personalized dashboards
- Supports benchmarking and business process evaluation
- Accelerates business process improvement by identifying areas of focused concern
- Drives adoption of best practices
- Boosts return on investment