Learn How AP Automation Can Benefit Your Organization
Taubman is an award-winning global retail property management group that owns, manages and/or leases 26 outlet shopping centers in the US and Asia. With so many locations, the company struggled to centralize its multiple AP processes – totaling millions in AP spend annually.
It decided that automating AP processes from end-to-end would solve three areas that posed challenges:
- Lack of visibility into invoice status
- Loss of early-pay discounts due to a slow approval process
- Limited reporting and auditing capability
Find out how Taubman seamlessly consolidated its AP function, reallocated staff to value-add projects and implemented mobile technology to have executives approve invoices, from wherever they are.
"We wanted to automate and streamline the entire AP and payables process - all the way from receipt through approvals and payment. Most importantly, the technology had to integrate with our ERP and enable mobile invoice approvals."
Kim Hughes | VP & Controller | Taubman Centers
