Optimizing Accounts Payable

Recorded Thursday, February 18, 2010
2 p.m. EST / 11 a.m. PST

Critical Success Factors for AP Automation

Automation is delivering valuable new business potential to corporate finance. Join us for a discussion on critical factors in implementing a successful AP automation project and obtaining a compelling return on investment. Gain insight from TELUS Corporation, the second largest telecommunications company in Canada, on their recent electronic invoicing and dynamic discounting project.

The session will highlight:

• Segmenting suppliers to determine automation targets
• Developing compelling value proposition for suppliers to increase participation, including "carrot and stick" policies
• Developing strategy for paper invoice processing from non-participating vendors
• Understanding why dynamic discounting is critical to project success
• Developing comprehensive supplier recruitment strategy and programs

Speakers:

Matthew Roy
Vice President, J.P. Morgan

Douglas Aird
Director Finance Operations, TELUS Corporation

Tricia Choice
Senior Business Analyst, TELUS Corporation

Recorded Thursday, April 22, 2010
2 p.m. EST / 11 a.m. PST

Tools and Strategies for Optimizing Working Capital

While accounts payable continues to focus on lowering transaction costs through automation, senior executives are recognizing that automation can also unlock working capital tied up in the payables process. By balancing early payment discount expansion with extended standard payment terms, organizations can optimize working capital while maintaining or extending Days Payable Outstanding (DPO). Join us to hear a case study on how Verizon's automation initiative helped capture discounts outside the standard discount term period.

The session will highlight:

• How automating AP operations can significantly increase early payment discounts.
• How an integrated approach can help to maximize value and ensure a stable supply chain.
• How identifying supplier categories can maximize early payment discount potential.
• How to achieve more accurate forecasts of payables liabilities and increased annual cash returns through automation.
• How to partner with a financial institution to transition from paper to electronic payables over a secure electronic settlement network.

Speaker:
Joseph Murphy
Vice President, J.P. Morgan

Recorded Thursday, June 17, 2010
2 p.m. EST / 11 a.m. PST

Rapid Deployment Approach to Payables Automation

Many businesses struggle with the prospect of automating accounts payables processes. Common hesitations stem from limited technology resources and a fear of migrating from or tampering with existing systems. However, in today's challenging economic environment, it is imperative that businesses consider the cost and efficiency benefits associated with accounts payable automation and that they have the ability to rapidly demonstrate a return on their technology investments.

Join us to hear Unum - a Fortune 500 insurance provider - share their best practices in successfully implementing an automated accounts payables solution.

Speakers:

Lisa Winer
Project Manager, Financial Resources, Unum

Joseph Murphy
Vice President, J.P. Morgan

Brad A Wetherall
Vice President, J.P. Morgan

Recorded Thursday, September 23, 2010
2 p.m. EST / 11 a.m. PST

AP Automation: Achieving 100% Supplier Participation

Many businesses struggle with achieving 100% supplier participation in their accounts payable programs and processes. Common issues include supplier commitment to paper processes, perceived lack of technology resources, multiple demands and requirements from other buyers, and perceived additional cost. However, in truth, AP automation saves both the buyer and the supplier money, time and resources and can provide exponential benefits in the form of greater payments visibility, fewer transaction errors, faster payments and stronger buyer/supplier integration.

This webinar will outline the methods and tools buyers can use to improve supplier participation in their AP automation programs. It will also outline the quantifiable benefits to suppliers achieved through participation in these programs.

Join us to hear J.P. Morgan experts share best practices in successfully rolling out an automated accounts payables solution and achieving 100% supplier participation

Speaker:

Josh Lavinsky
Vice President, J.P. Morgan

Recorded Thursday, November 4, 2010
2 p.m. EST / 11 a.m. PST

Payables Performance: Maximizing the Value of AP Automation

Henry Ijams, Managing Director of PayStream Advisors will share highlights from his “Invoice Automation Adoption Benchmarking Report.” In this report, PayStream has profiled the use of electronic invoicing, imaging and automated workflow solutions at U.S. based enterprises to glean what separates the innovators from the rest.

The session will highlight how your organization can:

• benchmark current operations against similar businesses
• self-define a supplier adoption plan
• learn from the successes and failures of other organizations
• develop high-impact metrics to define the future success of a program

Recorded Thursday, January 20, 2011
2 p.m. EST / 11 a.m. PST

Managing the RFP Process for Selecting an AP Automation Provider

Goals and objectives for an Accounts Payable automation initiative have been established, a business case has been built to define expected value, and key stakeholders have been identified to manage the process. Now what?

Join us for an informative panel discussion of best practices in leveraging the Request for Proposal (RFP) process to help identify and select the right solution for your organization. Hear from experts and clients that have executed successful processes, and gain key learnings regarding:

• Avoiding internal pitfalls
• Evaluating functional specifications
• Defining key criteria for the selection process