HYLAND AND WORKDAY
content automation – from being an application to more of a service – over the last 20 years .
“ The really exciting part about what we have with our partnership with Workday is that there ’ s no more bounce rate for our customers ,” he said . “ They aren ’ t working in one application , going to another , and coming back . We ’ re starting to share screen space to share a user experience where the content services that Hyland provides is less and less visible .”
The benefits of a best-in-class partnership It ’ s these kinds of seamless solutions that excite the whole partnership , as it allows the realisation of benefits like performing threeway matches , to check if the order matches what was invoiced for and if it matches what was received . There are also other cashflow management solutions , such as an approval reporting feature that identifies received items that have not yet been invoiced .
“ All of these benefits , from general AP automation and then this combined solution , really go a long way in terms of paying vendors on time , managing cashflow , keeping your CFO happy and getting rid of a lot of just extra paper that is floating around your office ,” Simer said .
Alongside the opportunities to optimise processes , Simer highlights the evolution of the last decade , with increased use of the cloud and the value of the data that ’ s produced . It ’ s these enhanced reporting capabilities that she finds interesting , as accounts payable data can be utilised to support the goals of the finance operation .
A simple solution to a complicated problem The well-established links between the two companies has allowed rapid development of new solutions , thanks to the trust built up
92 September 2023