Accounts payable Spain

Finance professionals working for finance professionals experts in accounts payable managed services. From score keeper to business partner.
To progress one must think big and look beyond
High Competiveness is the priority of all Companies. A lot of initiatives are oriented to increase margin, however all of them can be summarized in two big groups: The ones that reduce internal costs and the ones that increase sales. The most appropiate form to reduce costs is through process improvement, giving special attention to those that are not part of the "core business." The optimization of basic processes is a common way to improve processes in modern administration.
Accounts Payable is a process subject to optimize, due to:
· It is identified as no strategic.
· It is charecterized as semi-manual with lack of technology use.
· Demands a lot of Human Resources.
· Mandates continuos improvement in the amount and time spent in exceptions resolution.
· Usually contains redundancies.
· Has big gaps in regards of Customer satisfaction (internal and external).
· Generally, it does not issue the adequate key performance metrics.