1. The 7.5 Things I Wish I'd Known About AP Automation

2. Chris Elmore – Author & Automation Expert

3. 1)Time Allocation 2)Real Savings 3)References 4)Cloud – Yes or No? 5)Accounting System 6)Communication 7)The Advocate 7.5) You Will Have to Wait…

6. What Would You Have Done Differently?

7. Before AP Automation

8. After AP Automation

10. Time Allocation

11. Hours = 8500 1500 Invoices = 40 Hours Per Week

12. 9 Things You Can Do With New Time 1)Grow Your Business Without Adding Staff 2)New System Administration 3)Reduce Headcount 4)Centralize Accounting 5)Negotiate Vendor Discounts 6)Negotiate Contract Pricing 7)Increase Internal Controls 8)Accounts Receivable 9)Your Employees Can Do Their Intended Jobs

15. Accounting System Change

16.  Know your service provider  Make sure your service provider is secure  Your accounting system must remain the system of record  Your accounting system runs the show  Only run 1 system

17. It’s the boss Don’t create competition Stick to automation System of Record

19. Check References

20. Both Kinds

21. Check References Kind 1 = Service Provider Reference

22. How often do you…? Are you compensated? Do you directly use the solution?

23. Check References Kind 2 = Real Reference

24. Do you like software? On time? On budget?

26. Real Savings

27. ROI Tangible – Intangible Number of Touches

28. Return on Investment (New – Old) x Over Time = ROI No Check Headcount Reduction

30. Cloud VS. No Cloud Yes or No?

31. Cloud VS. No Cloud Know Your Cloud Know Your SP (Implementation) Know Your Company (Complexity) Know Your Users Yes or No?

32. Difference s

33. Self-Hosted More Control Customization More Maintenance Have To Pay The Price

34. Cloud No Maintenance Higher Security Costs Less Mobility

36. Top Down – Middle Up?

37. Top-Down Free People Up Intended Job Skills

38. Middle Up Free People Up Intended Job Skills

40. An Advocate

41. What Is It? Not Just 1 R-E-S-P-E-C-T Change Agent Loves Automation!

42. The Wait Is Over

43. SoftwareImpact

44. Free AP Efficiency Assessment Email Haley at hmartin@avidxchange.com to request your free copy.hmartin@avidxchange.com