Technology Record - Issue 35: Winter 2024

135 VIEWPOINT Always-on visibility for supply chains AP automation enhances manufacturing efficiency, transparency and supply chain resilience For the manufacturing sector, the goal is clear: maintain the flow of materials and goods seamlessly, even as customer demands and market conditions shift rapidly. Accounts payable (AP) automation provides a solution to supply chain visibility challenges. For many leaders in the manufacturing industry, this approach to digital transformation offers a sustainable path forwards in an increasingly complex global market. Manufacturing organisations face mounting pressures to operate with greater efficiency, precision and adaptability. The impact of a disrupted supply chain can cascade through every level of production, making effective management of AP processes essential. Here, MetaViewer’s AP automation comes into play, offering an integrated and secure solution that harmonises supply chain operations. By embracing AP automation, manufacturers can gain complete transparency into every stage of their supply chain operations, from order placement to invoice reconciliation. This transparency is crucial in identifying bottlenecks, enhancing collaboration and making informed, proactive decisions that benefit the entire production lifecycle. Furthermore, automated systems provide real-time analytics and reporting, empowering leaders to anticipate trends and respond to challenges before they escalate. Traditional AP processes in manufacturing are often labour-intensive and prone to human error. Paper invoices, manual data entry and time-consuming approval workflows create delays and limit visibility. However, with an automated solution, manufacturers can streamline the entire process, enabling instant access to financial data that supports better decision-making and ensures continuous supply chain movement. Learn more about AP automation at: metaviewer.com Andy Birkey is marketing communications specialist at Metafile Information Systems ANDY BIRKEY: METAFILE INFORMATION SYSTEMS INDUSTRIALS & MANUFACTURING Photo: Adobe Stock/lukyeee_nuttawut

RkJQdWJsaXNoZXIy NzQ1NTk=