Stephen Carter

Senior Product Marketing Manager, Ivalua

Stephen has over 30 years of senior experience across organisations selling procurement solutions into the Public and Private sectors. This involved designing and building solutions to support the Source to Pay and Order to Cash journeys for Buyers and Suppliers. Stephen has worked in the Crown Commercial Service working with Government Digital Services (GDS) to design the next generation of Public Sector cloud catalogue and marketplace. This covered specifying market requirements, service design, end-to-end market engagement, and sitting on the UK P2P central government working group.

Stephen has a wide knowledge of the systems and processes used within procurement.

 

Session Details

Key Strategies for Achieving Higher Savings to Become an AP Superhero

Improving the accounts payable (AP) process requires more than assessing the potential for productivity gains and cost savings. Top-performing AP organisations also focus on increasing stakeholder satisfaction, sourcing efficiencies, agility and spend management.

However, too many organisations are still saddled with manual Invoice processes , long cycle times and poor control over working capital. With Suppliers at the heart of the AP journey they are finding that adoption, a lack of collaboration and complex supplier master data are the barriers to true digital transformation. By solving these challenges  can flip your team from being invoice processors to AP superheroes.

Benefits of attending this session:

  • Achieve 96% straight-through-processing of payment requests
  • Cut the cost of supplier inquiries in half with self-validation and matching
  • Increase invoice processing efficiency by 70%