Mastering the Strategy: Top 5 Guide to Basware AP Automation Excellence

Vendor Master Data Management

Effective data management is a key factor in maximizing the potential of Basware's AP automation. A database with outdated, redundant, or missing information will only lead to inefficiencies and process bottlenecks. Implement an effective strategy for maintaining vendor master data. This involves adopting a process for regular updates, doing regular spot-checks, and having predefined protocols for vendor onboardings or exits. On the Basware system, cleanse, standardize, and enrich vendor data to enhance visibility and compliance.