CEOs certainly have their work cut out for them these days. Facing uncertain supply chains, accelerating inflation, and widespread labor shortages, it’s critical for executives to get as much control over cash flow as they possibly can. By doing so, it’s possible for them to navigate the current difficult business climate and position their organizations to win in the future.
To this end, CEOs need to engage their CFOs to make sure they’re aligned and laser-focused on maximizing cash flow. One of the easiest ways to do that is by investing in accounts payable (AP) automation.
Here are three ways AP automation streamlines cash flow, making each dollar work harder and leading to better business outcomes because of it.