5 Arguments Against AP Automation (And Why They’re Wrong)

Thursday, February 23rd, 2023 at 2:00 ET

You’ve likely embraced financial technology in your personal life. Things like depositing checks via your bank’s app, splitting the check with friends through a digital wallet and setting up automatic bill payments.

So why are you having trouble getting your AP Automation initiative off the ground? We surveyed finance professionals to find out. Turns out, you’re not alone!

The benefits of financial technology, like AP automation, are hard to ignore. But some organizations have trouble justifying the transition. In this webinar, AvidXchange consultant Rhonda Greene and 53^rd Product Manager of the Year Andrew Goodman are going to break down five of the biggest blockers preventing organizations like yours from adopting new financial technology.

In this webinar you’ll learn:

• The state of technology adoption among middle market companies
• The top five blockers stopping companies from adopting new technologies
• How to overcome these common challenges

Presenters:

Rhonda Greene

APSC, AvidXchange, Inc.

AP subject matter expert and former AP Manager and VP of Payment Services at AvidXchange, Rhonda Greene has been in the accounts payable world for more than 25 years and has witnessed firsthand the transition from paper-based processes to completely automated AP and payment processes. As a Principal Solutions Consultant for AvidXchange, Inc., Rhonda enjoys sharing her best practices with other financial professionals to help them navigate day-to-day AP challenges.

Andrew Goodman

VP, Sr. Treasury Management Project Manager, Fifth Third Bank

Andrew manages Fifth Third Bank's Expert AP managed payables product, and also manages the bank's relationship with AvidXchange that powers the product. He works across teams internally at Fifth Third and within the partnership to help optimize product performance, product innovation, client satisfaction, and product growth. Prior to joining Fifth Third two years ago, Andrew spent nearly a decade in various roles at American Express and Citigroup.

Andrew is a travel enthusiast who especially loves being near the ocean, whether close to home in the northeastern U.S. or in faraway beaches from Brazil to Thailand (when international travel is allowed). He is also a husband and father of two children—a toddler and a newborn—who ensure that he and his wife never have a boring day.

Recording Presentation

Approved for up to 1.2 CTP/CCM recertification credits by the Association for Financial Professionals.

A recording of this program is not approved for CTP/CCM credits.