A Digital Transformation project is not just about implementing new technologies, it often involves significant changes in the way a business operates and delivers value to clients. Business processes, tools, customer interactions and even the organization’s culture undergoes a fundamental change during a digital transformation.

Most organizations today are moving away from manual Accounts Payable (AP) practices and slowly making upgrades to realize a holistic invoice ecosystem. The goal is to embrace technology and practices that will streamline their processes through end-to-end automation.

Supply chains must be agile and responsive in today’s unpredictable and disruptive global environment. Ideally, suppliers would want to know in the early stages the exact order quantities of an item with enough lead time to procure raw materials and plan the production process and delivery schedule. However, that is rarely the case.