Emergency Exit: 7 Ways to Stop Your First-Time Match Rates from Plummeting Under Mandates

What businesses haven’t realized (yet) is that mandates are not great for Accounts Payable processes.

In the short term, mandates will take your first-time-match rates and destroy them.

All the hard work you and your AP team have put over the years to hit high STP (straight-through processing) rates will be undone.

If you haven’t gone live in a mandated country yet, you might not realize this is on the horizon for you. 

For AP teams, this is hugely daunting. You will need to resource-up to manage the fall-out.

The main reason your STP rate will drop? Governments want tax data, not business data. So invoices that used to arrive with complete and accurate data will now likely be incomplete – no PO, wrong PO, missing fields.

Join us for our much-needed webinar Emergency Exit: 7 Ways to Stop Your First Time Match Rates from Plummeting Under Mandates.

You’ll learn:

• Why this is a problem that’ll keep AP teams awake at night 
• The bigger the AP team and shared services, the bigger the problem ahead
• The cost of doing nothing – how your KPIs will be affected
• Lessons from countries like Brazil, where straight-through processing rates dropped after mandate implementation
• How to maintain, even improve, your STP rate during mandates

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