St. Paul, MN March, 2008 Aberdeen Group publishes a research report on the accounts payable transformation process in March 2008 entitled "A/P Transformation: Managing the Paper First to Deliver Value Later." The research report identifies the paths taken and the lessons learned from early adopters engaged in a strategy to transform their A/P processes to improve performance. The research uses the Aberdeen Competitive Framework to define enterprises into three levels of practices and performances: Best-in-Class (the top 20%); Industry Average (the middle 50%); and Laggard (the bottom 30%) and examines the A/P visibility resulting from transformation efforts across the three groups. The report highlights the performance advantages which Best-in-Class organizations enjoy through outsourcing and automation of A/P; while looking at the strategies employed and the structure of their engagements to establish their leading performance. Current A/P Performance benchmark for costs and efficiency for Best-in-Class enterprises are compared to other enterprises. The conclusion of the research report identifies and recommends actions for companies to take to improve the performance of their A/P function.
AboutAberdeen Group, a Harte-Hanks Company
Aberdeen is a leading provider of fact-based research and market intelligence that delivers demonstrable results. Having benchmarked more than 30,000 companies in the past two years, Aberdeen is uniquely positioned to educate users to action: driving market awareness, creating demand, enabling sales, and delivering meaningful return-on-investment analysis. As the trusted advisor to the global technology markets, corporations turn to Aberdeen for insights that drive decisions.
As a Harte-Hanks Company, Aberdeen plays a key role of putting content in context for the global direct and targeted marketing company. Aberdeen's analytical and independent view of the "customer optimization" process of Harte-Hanks (Information Opportunity Insight Engagement Interaction) extends the client value and accentuates the strategic role Harte-Hanks brings to the market. For additional information, visit Aberdeen http://www.aberdeen.com or call (617) 723-7890, or to learn more about Harte-Hanks, call (800) 456-9748 or go to http://www.harte-hanks.com.
About API Outsourcing, Inc.
API Outsourcing, Inc. is a leading outsourcing provider of state-of-the-art document management, billing and accounts payable automation solutions. By transforming manual, paper-dependent billing and payable processes through our proprietary imaging, printing and workflow systems, clients are able to minimize the labor-intensive work associated with back office processing. Clients have more time to focus on their core business. Benefits include reduced handling and storage costs of up to 50%, increased business intelligence, and improved vendor relationships. API is a Finance and Accounting Outsourcing (FAO) company headquartered in St. Paul, MN. API Outsourcing currently processes millions of transactions annually and uses Six Sigma techniques for high quality, consistent service. For additional information, visit API Outsourcing at or call (651) 675-2600.