The Last Mile of ERP Payables
While enterprise resource planning (ERP) systems are essential for managing core financial and accounting functions, they often fail to deliver complete, end-to-end automation for accounts payable (AP). As a result, AP remains one of the most manual, error-prone, and time-consuming processes within finance departments—a fact consistently highlighted by financial executives. These inefficiencies not only drain productivity but also increase exposure to compliance risks, payment errors, and missed discount opportunities. Moreover, as businesses expand globally, managing cross-border payments, varying regulations, and multiple currencies adds further complexity to AP operations. In The Last Mile of ERP, organizations are discovering how to bridge this critical gap by integrating modern AP automation solutions that extend beyond the ERP’s native capabilities. These strategies empower finance teams to streamline global payments, mitigate operational and financial risk, and uncover strategic opportunities that drive greater efficiency, visibility, and value across the enterprise.