5 Ways Accounts Payable Departments Can Help Offset Recession Impacts  

Eye-opening survey data revealed 70% of middle market companies are revamping their budgets over the next year with a focus on saving costs. Despite widespread cost cutting, 72% still said company growth is a high priority. 

As your business braces for a recession and starts to re-evaluate costs, what can the accounts payable (AP) team do to impact the bottom line and prove itself as an asset that powers growth?   

In this webinar, AvidXchange consultants will unlock five strategies and tactics that can transform an AP department from a cost center to a business driver.   

In this webinar you will:  

– Discover why efficient AP workflows elevate both employee and vendor satisfaction  

– Learn how to analyze invoice and payment data to pinpoint savings opportunities  

– Understand how automation can turn an already-effective AP department into an invaluable operation  

Panelists:

Rhonda Greene – Principal Solutions Consultant

Michele Retzbach – Senior Solutions Consultant

Watch now on-demand: