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:

Accounts Payable Recession
2023 Predictions for Finance and AccountingWebinar Wednesday, December 7

We may not be flying to work in 2023 but there won’t be a shortage of innovation that enables Finance and Accounting teams to modernize their accounting operations. As organizations plan for continued supply chain disruptions, talent scarcity, and market uncertainty, accounting leaders are finding ways to innovate, automate, and scale processes to meet organizational demands. Hear from BlackLine’s industry specialists on the top leadership priorities and transformation trends of 2023, including Hyper-Automation, Talent Upskilling, and Decision Intelligence. 

CPE Credit: participants can earn up to 1 CPE/CPD credit in the Business Management & Organization field of study.