Track: Payment Systems

Optimizing Expense Management Process Efficiency through Procure-to-Pay Best Practices

Wednesday, October 22, 2008
10:15 a.m. - 11:45 a.m.
Room: 408 B

Today?s businesses can realize significant cost savings through optimization of their procurement and expense management processes. This panel discussion will explore how two organizations applied industry-leading best practices to streamline their entire procure-to-pay process.

Speakers:

• Michael Hetrick
  Manager, Technology and E-Commerce
  Gannett Supply Corp.

• Geoffrey Dean
  Group Vice President, Commercial Card Services
  SunTrust

• Laima Kardokas
  Director of Program Optimization
  Visa, Inc.

Objectives

• Learn how procure-to-pay best practices can help improve payment process efficiency while generating measurable cost savings
• Gain an understanding of the procure-to-pay process and what steps and actions can help improve overall expense management
• Receive insight as to how other companies have benefited from applying procure-to-pay best practices

Pre-Requisites

• Basic understanding of the procure-to-pay process
• At least middle-management experience in a financial oversight or business planning role

Take-Aways

• An executive summary of the procure-to-pay best practices research study
• An annotated list of Web links to additional information on related topics

CPA Field of Study: MAS