Automated AP processes help reduce manual operations while cutting cycle times and overall costs - the more of these automated technologies you adopt, the closer you are to a fully touchless AP process. There are a few ways that Basware can help NBCU go touchless.
It all starts with gathering data - Basware SmartPDF and e-invoicing are two ways to do just that. SmartPDF is a unique Basware technology that eliminates the manual work and risk of errors associated with handling paper invoices. Once data is collected through means such as these, you can unlock powerful, touchless tools like Basware Smart Coding, payment plans, and advanced and predictive analytics.
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Mohawk Medbuy Success Story
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The Mohawk Medbuy Corporation is a national shared services organization that provides procurement and contract management services for medical supplies as well as numerous other healthcare services. With the support of Basware and our Business Advisory team, Mohawk Medbuy have been able to achieve their goals of providing value throughout the AP process and supporting hospitals in more effective cash management, supplier management, and leveraging analytics for data-driven decision making. Read the full case study.
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Dynamic Discounting
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As organizations continue to streamline the purchase-to-pay process, financial leaders are eager to leverage their increased efficiencies and begin looking at working capital solutions to better optimize cash flow. On the other hand, suppliers want more visibility into the payment times of unpaid invoices and to ensure they have the right amount of cash on-hand to be financial stable. Dynamic discounting helps both parties achieve their strategic goals. Learn more in the factsheet.