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The realm of accounts payable (“AP”) is changing, shifting into new and exciting arenas. No longer a simple back-office function, AP groups are now well-positioned to become true “hubs” of visibility and intelligence, extending the value created within AP more broadly across both the enterprise and supply chain. In 2016, more AP groups are accelerating their plans to transform their operations and scale to new heights by pursuing the critical attributes that can propel an operation to the next level of performance or “higher ground.” The journey to AP excellence begins with a single step and maximizing efficiency opportunities is generally the first one taken.
Andrew Bartolini, Chief Research Officer, Ardent Partners
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