Maintain a centralized repository
Managing accounts payable in one centralized location within LogicManager helps you tie your efforts closely to your company’s third party management program. This makes it easier to identify relationships and spot emerging issues.
Strengthen vendor relationships
A mature accounts payable process helps ensure that your organization is maintaining strong relationships with its vendors. In both the short and long term, positive vendor relationships are key in positioning your business for success.
Design strategic objectives
Your financial planning and target goals should be crafted with as much context and foresight as possible. Keeping all data centralized within LogicManager’s fully integrated GRC platform helps you see how other departments are performing, gain a clear picture of your financial status and understand how you’re measuring up against projected cash flow and financial goals.