According to Cisco CEO John Chambers, 40% of companies will be dead in 10 years. It may be a tough pill to swallow, but consider how digital startups like Amazon, PayPal, Airbnb, Uber and countless others have rapidly disrupted the market and forced longstanding leaders out of the game.
At PayStream Advisors, our research consistently shows that the AP industry is one of the most significantly impacted by emerging automation technology. These technologies no longer belong solely in the domain of large corporations, but have become cost-effective, and in fact, critically important, in mid-size organizations as well. It’s no longer a question of if an organization should implement AP automation, but when.
In the spirit of this ‘uberization’ of AP, we’ve designed a live webinar to address the unique process requirements and limitations of mid-market organizations. Henry Ijams of PayStream Advisors and Matt Williams of Yooz will provide strategies to get your organization on the right track including:
- Creating a cost-neutral proposition for automation
- Overcoming internal fear of change and staff reduction
- Defining an ideal, optimized mid-market invoice lifecycle
- Selecting a low-risk, scalable solution
“70% of companies will ‘attempt’ to go digital but only 30% of those will succeed,” Chambers noted during the 2015 Cisco Live conference.
Will your organization disrupt or get disrupted?