If you’re finding it harder to automate your back office these days, you are not alone. Economic turbulence and capital constraints are holding more hospitality management groups back and rising payment fraud is chipping away at profits. But one growth-generating tool may lie in a surprising place: your accounts payable department. Join us for this educational session as we discuss the unique constraints faced by hospitality management groups and their impact on growth, reveal how conventional approaches to processing and paying invoices hinder cash flow and leave back office teams vulnerable to fraud, and provide an action plan for liberating capital and mitigating risk with invoice-to-pay automation.
What you will learn:
- Emerging Trends In Payment Fraud and the latest stats -How traditional AP processes trap cash and leave AP teams vulnerable to fraud -The growth-generating benefits of implementing invoice-to-pay automation -Successful strategies for liberating working capital and mitigating the risk of fraud -An action plan for automating the invoice-to-pay process
