Watch the Webinar: The Evolution of AP Automation for 2021

Last year many organizations were forced to embrace software and technology that could enable teams suddenly working from home. Now in 2021, your teams are over the initial shock and your business has largely adapted to the realities of remote workforces and a higher reliance on technology.

However, the ability for your business to get “back to normal” – let alone back to competitive – depends largely on how quickly you can accelerate automation projects that make employees more efficient while reducing resource costs. Accounts Payable Automation is a relatively low-effort, high-return initiative that empowers employees to be more efficient and leverages existing software investments your ERP, CRM, ECM, and other Accounting Systems.

Watch this webinar on February 3rd to learn how you can accelerate Accounts Payable Automation this year and see immediate results by:

* Eliminating Manual Entry for Header/Footer and Invoice Coding
* Eliminate Coding, Routing, and Approval Errors
* Seamlessly Integrate Invoice Images & Data into your ERP or Accounting System
* Enable Employees to be more
* Effective Working-from-Home
* Eliminate Costs & Challenges Related to Disruption

Find the transcript of this webinar, and all our previously recorded webinars, online at www.rpic.com/knowledgebase.

Transcript

Mason Auch:

Alrighty everyone, good afternoon. My name is Mason Auch, and with me today is Sherri Nettles. Just as a little bit of a housekeeping before we jump into this webinar today, all of this will be recorded and will be available to you guys at a later date, along with the PowerPoint slide deck as well. That way you can share it with any of your colleagues, coworkers, or even some friends if you have someone who’s interested in AP Automation. So, with that let’s go ahead and jump in and talk about our webinar today.

Mason Auch:

So, today’s topic is The Evolution of AP Automation for 2021. So, with me today is going to be Sherri Nettles. So, Sherri, would you take a moment to introduce yourself?

Sherri Nettles:

[inaudible 00:00:52] be happy to. Good afternoon everyone. I am a Senior Financial Consultant for RPI Consultants. I specialize in Lawson/Infor implementations, as well as AP Automation solutions and full Finance Suite assessments. I’ve been in the marketplace about 25 years in the Lawson/Infor healthcare market, implementing Infor products, and as well as AP Automation solutions. Fun facts about me, we like to throw in some little fun snippets too. I’m the proud mom of two teenagers. We’re sort of online learning here at home, it’s a lot of togetherness. We’re currently building our dream beach home in Fenwick island, Delaware. I live here in Maryland about half hour north of the Baltimore office, RPI office. And I love AP Automation, and I know I need to get out more but I get really excited about this topic, and love presenting on this topic with Mason. So, we’re really excited to dive in and teach you what we know. Thank you.

Mason Auch:

Awesome. So, my name is Mason Auch, I’m a Accounts Payable and Automation Guru. So, I’ve worked on multiple different implementations, I’ve worked a lot with the Infor ERPs system, but I’ve also done a lot of work with Microsoft Dynamics and SAP as well. Where my specialization is specifically within the integrations for our AP solutions, so that is just making sure that everything is talking together, allowing you guys to have one place where you can view all of your information, and generate all of your reports out of. With that as well I’m our Yoga Connect product donor, which is a software that we’ll talk about a little today, which helps drive a lot of those integration points.

Mason Auch:

A fun fact about me is, I’ve actually raced on the Michigan International Speedway in a formula One style over rail race car. And obviously I had to put my lets go Chiefs down there at the bottom, I’m in our Kansas City office here. So I had to make sure I gave a little shout out for our Chiefs for this upcoming weekend.

Mason Auch:

So, our agenda for today. So, we are going to first take a look at last year, so a year in review for the challenges that we faced in 2020, and some of those temporary workarounds that we’ve put in place to be able to at least try to continue our jobs as much as possible. And then after that we’re going to take a step back and talk about this year. So, what are some priorities that we should be addressing for 2021, and how do we help relieve some of those workarounds that we had to come up with on the fly last year.

Mason Auch:

After that we’re going to take a moment and actually analyze the anatomy of the Accounts Payable Automation solutions. So talking about the entire automation process, from the beginning of the invoice being either emailed or received, all the way through the payment process. So, where are areas that we can automate, where are areas that we can relieve stress from our teams.

Mason Auch:

After that, one of my favorite things to do is an actual Live in the Wild, as we tend to call them. But it’s going to be a demo of invoice processing, and then specifically we’re going to be utilizing Kofax ReadSoft Online and Infor Financials for this, today. And then at the end we’re going to do a quick summary and then open up for your guys’ questions. And those questions can be anything from just basic, “Can you elaborate on X, Y, Z?” To even some more complex questions on how some of this would work in your guys’ current day solutions. So, as Sherri has shared earlier, both her and I have spent a lot of time in Accounts Payable and actually we enjoy it a lot. So, those questions are very rewarding because we get to help you guys relieve some of that stress that you guys have today.

Mason Auch:

So, with that, let’s go ahead and let’s jump into our year in review, so those challenges that we faced last year and the workarounds we came up with them. So, I’m sure if we ask every single one of you guys on the line that you need to element to some of the challenges that you faced last year, but these are some of the biggest issues tha