Sep 9 2021
WEBINAR: Data Mining for Dollars - Gain Efficiencies & Minimize Financial Impact by Leveraging Intelligent Automation
Date: Tuesday 5th October 2021
Time: 12:30pm - 1:00pm CT │6:30pm - 7:30pm BST
Glantus, in partnership with DuCharme, McMillen & Associates, Inc. (DMA), is pleased to announce a NASBA CPE-accredited webinar discussing options to create efficiencies and minimize tax risk by utilizing a streamlined strategic and data-driven approach.
As finance teams are being tasked with eliminating revenue leakage, minimizing risks, and delivering accurate and actionable information, they turn to data platforms to drive revenue recovery and deliver on compliance requirements. By connecting all relevant vendor, accounts payable, and tax data, they maximize recoveries and enhance operational visibility, and enable impactful process improvement. Applying intelligent automation helps minimize the risks associated with fraud and incorrect taxation.
Organizations are now looking to harness information from many disparate systems to determine their true financial status across areas such as tax, vendor spend, contracts, etc. while removing tedious manual tasks from across the accounts payable processes. This results in increased efficiency and reduced risk throughout the business.
Discussion topics will include:
- Challenges that organizations face due to missed credits, duplicate payments, and manual accounts payable processes
- How a data platform strategy significantly improves historical tax processes, empowers profit recovery, and reduces the time it takes to receive valuable payment information
- How to use the information gained to deploy intelligent automation within the AP function to eliminate errors, improve efficiency, and ensure compliance
Who should attend? This seminar is intended for finance, accounting, and tax resources with responsibilities over the procurement and vendor payment processes, including determining whether sales/use tax is due or value-added tax is recoverable.
Participants will: Attendees of this webinar will gain an understanding of the options that exist for gaining efficiencies (time and money) in the AP process using data-driven strategies and artificial intelligence. They will also learn some creative ideas on how to leverage these efficiencies to recover lost profits and working capital.