This white paper has delivered a comprehensive report on the Total Economic Impact (TEI) study conducted by Forrester Consulting. This study aims to examine the potential return on investment (ROI) businesses may realize by implementing its Procure-to-Pay solution.
The essence of this white paper report is to provide you with a framework to analyze the latent financial impact of Basware’s Procure-to-Pay solution on your enterprises. The Basware P2P offering comprises accounts payable automation solution, e-invoicing services, and an e-procurement solution over the largest open business network in the world.
For you to fully understand the risks, costs, and benefits associated with this investment, Forrester has interviewed six customers with experience using Basware’s P2P solution. We have shared the outcomes of this interview in this white paper. From an executive summary, critical challenges to an in-depth analysis of benefits, estimation of costs, and a financial overview of consolidated three-year risk-adjustment metrics.
In all, we have come to find out that the procurement and accounts payable department across small and big companies are seeking to streamline their processes, including requisition, creation, and approval via purchase order (PO) management to receipt and processing. This white paper highlights the common challenges, including manual and paper-based processes, lack of visibility, and limited spend management.
Do you want to know how your business can significantly reduce wasteful spending and enhance processes just by using a single procure-to-pay (P2P) solution? Download this report to learn more.