CPAacademy.org | 5 WAYS AP DEPARTMENTS CAN HELP OFFSET THE RECESSION

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5 Ways AP Departments Can Help Offset the Recession

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5 WAYS AP DEPARTMENTS CAN HELP OFFSET THE RECESSION

Watch Archived Video

Cost Free

Presentation Length 1.0 hour

Recorded DateApril 12, 2023

CPE:Not available

(archived webinars do not offer CPE credits)

Subject AreaManagement Services

Course LevelBasic

Who Should AttendBookkeeper
CFO / Controller
CPA - small firm
CPA - medium firm
CPA - large firm

Series: Women in Accounting

Course Description

An eye-opening survey revealed 70% of middle market companies are revamping their budgets over the next year with a focus on saving costs. Despite widespread cost-cutting, 72% still said company growth is a high priority. As your business braces for a recession and starts to re-evaluate costs, what can the accounts payable (AP) team do to impact the bottom line and prove itself as an asset that powers growth?

In this webinar, AvidXchange consultants Rhonda Greene and Jami Proctor will unlock five strategies and tactics that can transform an AP department from a cost center to a business driver.

Learning Objectives:

Determine why efficient AP workflows elevate both employee and vendor satisfaction

Recognize how to analyze invoice and payment data to pinpoint savings opportunities

Identify how automation can turn an already-effective AP department into an invaluable operation

PLEASE NOTE: ARCHIVED WEBINARS DO NOT QUALIFY FOR CPE

Rhonda Greene

AvidXchange, Inc.
Principal Solution Consultant
rgreene@avidxchange.com
(704) 971-8146

As the Principal Solutions Consultant for AvidXchange, Rhonda Greene, APSC, specializes in helping companies to streamline accounts payable operations and create efficiencies through automation and best practices. As an AP subject matter expert, Rhonda has been in management roles for more than 25 years and enjoys sharing best practices with other financial professionals to help them manage day-to-day challenges.

Jami Proctor

AvidXchange, Inc.
Solutions Consultant
jproctor2@avidxchange.com
(800) 560-9305

Jami first joined AvidXchange in 2016 on AvidXchange’s Customer Care team. She then continued her journey as an Implementations Specialist with Onboarding before her previous role where she managed relationships as a Customer Success Manager.

Now, as a Solutions Consultant for AvidXchange, Jami specializes in helping companies streamline accounts payable operations and create efficiencies through automation and best practices.

Jami is located at AvidXchange’s corporate office in Charlotte, NC.

About Our Presenter

AvidXchange, Inc. believes there’s a better way for businesses to process invoices and make payments, eliminating the endless piles of paper so many AP departments find themselves buried in. That’s why they set out from Charlotte, North Carolina in the year 2000 with a simple mission in mind: Transform the way companies pay their bills. AvidXchange has grown quite a bit since then, continuously expanding their team, footprint and capabilities to deliver an industry-leading AP automation solution that helps more than 5,500 North American companies cut costs, improve visibility and increase efficiencies.