Neil Robertson Oct 8, 2020 1:48:00 PM 4 min read

How Automated Accounts Payable System Can Help During COVID

Too busy to change – or too busy not to?

Every finance professional is trying to cope with the implications of COVID-19  across every aspect of their business, all while dealing with their day job.

As many of us are beginning to realize, all of the additional work created by COVID-19, combined with WFH (which seems unlikely to go away any time soon while social distancing remains in place), is leading to balls being dropped, errors being made & for some, an ever-increasing backlog of work. This has led to critical activities like supplier payments, month-end accounts & cashflow reporting being pushed back. 

The result is stress levels that are becoming unsustainable, both for individuals & the business. Something is going to give.

This problem is compounded by the reluctance to hire & train new staff to cope with the changes, as now is not the time to increase overheads.

But being too busy to change & failing to cope only leaves one other option, & that is to change.

So here is a radical idea to consider:

Take a single day to fully automate your accounts payable process.

It’s entirely possible with the right automated accounts payable system.

(If you haven’t upgraded your accounts payable process/system in a while, you might want to read this blog)

At the same time (or subsequently), enable your staff to buy everything they can from Amazon Business. They will love you for it & your business will save, on average, 32% on existing purchases.

Also, everyone inside & outside of the finance department will immediately save between 65-90% of the time they currently spend on the entire purchasing process – freeing up their time so that they can focus on more important work.

The time you invest in automating your accounts payable will be repaid within a couple of weeks, if not less, & enable you to get ahead of the curve. 

The money you invest to automate (if you increase the amount you spend with Amazon Business) can deliver a cash ROI in under a month.

So, if you don’t want to stay where you are,  why not set 30 minutes aside & talk to us, then make your own decision on what you do next.

We really can help you!

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Neil Robertson

Neil has a 39-year track record of building successful direct and channel global software businesses predominately in the financial software market place. Neil Robertson is Executive Chairman of Compleat Software. A 39-year veteran of the financial software marketplace, Neil has a long track record of building disruptive start-ups into successful businesses, including his time as CEO EMEA of Great Plains where he built the business outside of the USA from 1995 - 2001. Compleat is no exception and perhaps the most disruptive of them all.
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