Anna Meehan

Why is financial leakage important now? Duplicates, invoice errors, missed credit notes and fraud quietly drain billions from Accounts Payable every year. We analysed 481 million invoices, and here’s what we found: financial leakage is more pervasive than most teams think, and standard controls aren't catching it. What’s the impact of financial leakage in AP? Health systems lose around 0.52% of annual spend to preventable leakage. This adds up to $53bn every year across the market. Leakage is ...

Why is financial leakage important now? Duplicates, invoice errors, missed credit notes and fraud quietly drain billions from Accounts Payable every year. We analysed 481 million invoices, and here’s what we found: financial leakage is more pervasive than most teams think, and standard controls aren't catching it. What’s the impact of financial leakage in AP? Companies lose around 0.35% of annual spend to preventable leakage. This adds up to $53bn every year across the market. Leakage is rarely ...

This episode is an extra special AP Arms: we have our very first double act! Joining us from East Lancashire Hospitals NHS Trust (or ELFS) are Deputy Heads of Accounts Payable Carrie Thompson and Petra Goettlich. In the world of healthcare administration, managing high volumes of invoices across multiple entities while avoiding costly errors is a complex balancing act. Petra and Carrie talk through how they’ve automated fraud detection and manage risk at scale, while keeping their AP team ...

This week on the AP Arms, Ed Maughan, Director - BPS UK and EU at Hexaware, sits down with XelixHead of Partnerships Fred Leeming to talk about how Artificial Intelligence is transforming the Business Process Outsourcing (BPO) industry. They explore evolving client expectations, including new measures of success, process automation and the changing role of offshoring in an AI-driven world.

AP teams are being pushed to work faster, cut out mistakes and keep a tight grip on spend all at once. But clunky, manual processes are slowing them down. That’s why more businesses are turning to intelligent automation to bring speed, accuracy and control back into the payables process.

When businesses upgrade to SAP S/4HANA, their Accounts Payable teams hope for less manual work, more reliable and useful data and better controls against costly errors like duplicate and overpayments. Our research shows that amongst the upgrades, AP users won't find all the controls they need using SAP S/4HANA as a standalone solution for risk mitigation in payables. We analysed our customers' ERP data — both pre- and post-S/4 HANA migration — and found a consistent truth: even the most modern ...