Fact Sheets: Accounts Payable

Accounts Payable: how quick are you paying your suppliers?

The cash management process is crucial for any business. At the same time, monitoring each stage of the cash lifecycle is one of the most challenging activities for the management team. Any business needs to make sure that all the suppliers are satisfied with the payment process. So, how quick is your company paying its suppliers?

What businesses have to monitor are the Days Payable Outstanding (DPO), which reflects the time needed to pay the suppliers. Of course, the later the cash leaves the bank account, the better, as the money will be allocated to other investments. But if the process takes too long, your suppliers won’t be happy. By using a Working Capital Management (WCM) program companies can monitor and analyze the payments rapidly and efficiently.

What other benefits are businesses experiencing by monitoring the Days Payable Outstanding? Find out in the fact sheet.

The team of SEREVISO delivered the first of 3 phases for our Global Business Services Organization dashboard tool. The tool is built on top of a Microsoft (SQL Server and Power BI) platform. Sereviso used their knowledge and experience to implement a standard “out of the box” package (for SAP ERP and SAP BW sources), together with their Rapid Deployment Methodology, meant that the project was quick to deliver value to the stakeholders, literally in a few months.

The team of SEREVISO delivered the first of 3 phases for our Global Business Services Organization dashboard tool. The tool is built on top of a Microsoft (SQL Server and Power BI) platform. Sereviso used their knowledge and experience to implement a standard “out of the box” package (for SAP ERP and SAP BW sources), together with their Rapid Deployment Methodology, meant that the project was quick to deliver value to the stakeholders, literally in a few months.

"The team of SEREVISO delivered the first of 3 phases for our Global Business Services Organization dashboard tool. The tool is built on top of a Microsoft (SQL Server and Power BI) platform. Sereviso used their knowledge and experience to implement a standard “out of the box” package (for SAP ERP and SAP BW sources), together with their Rapid Deployment Methodology, meant that the project was quick to deliver value to the stakeholders, literally in a few months."

Yves Dispas
Global Business Services Organization, Lonza Group AG

"The team of SEREVISO deployed a group-wide Business Intelligence system for Nobel Biocare. They provided high-quality business consultants as well as a sound team of on and offshore technical developers. The project lasted 12 months and when finished, through interfaces between Salesforce / TM1 / Cognos Controller, significantly increased our reporting capabilities and reduced our internal reporting workload.  The group was able to move to a fully automated reporting and dashboard platform based on SAP BW and BO."

"The team of SEREVISO deployed a group-wide Business Intelligence system for Nobel Biocare. They provided high-quality business consultants as well as a sound team of on and offshore technical developers. The project lasted 12 months and when finished, through interfaces between Salesforce / TM1 / Cognos Controller, significantly increased our reporting capabilities and reduced our internal reporting workload.  The group was able to move to a fully automated reporting and dashboard platform based on SAP BW and BO."

"The team of SEREVISO deployed a group-wide Business Intelligence system for Nobel Biocare. They provided high-quality business consultants as well as a sound team of on and offshore technical developers. The project lasted 12 months and when finished, through interfaces between Salesforce / TM1 / Cognos Controller, significantly increased our reporting capabilities and reduced our internal reporting workload.  The group was able to move to a fully automated reporting and dashboard platform based on SAP BW and BO."

Melker Nilsson
COO, Nobel Biocare
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