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The current economic challenges make it difficult for organizations to manage their cash flow. Therefore it is essential to stay proactive. These cautionary tales don’t mean you should resign yourself to the negative effects of inflation, recession, and a challenged supply chain. They serve to show you what steps you can and should take to protect your organization against the negative effects of an economic downturn.

Today’s business environment is far different than it was a few years ago. We’re seeing financial disruption on multiple fronts that is creating challenges for organizations. If your AP team still relies on manual processes and check payments, you’re going to struggle even more than you were before.

Watch this on-demand webinar where IOFM’s Mark Brousseau and Bottomline’s VP of Product Management Gunita Bindra, talk through how AP transformation is your best defense against inflation, recession, and supply chain challenges.

In this 1-hour video, you’ll learn:

  • The current state of accounts payable, including top challenges and inefficiencies
  • How today’s economic conditions have intensified the pressure on AP teams
  • What AP should focus on improving during the economic downturn
  • Our unfiltered thoughts via a fireside chat

"Forty percent of business-to-business payments are still made by paper check, which contributes to significant time and cost inefficiencies." - Gunita Bindra, Vice President of Product Management, Bottomline