Driving A/P Process Strategy Implementation

Incorporating all stakeholder interests, VPO offers hands-on implementation services to achieve strategic DPO and working capital improvements in A/P processes, including:

• Designing logic for new accounts payable system enhancements to achieve desired DPO and capital increases
• Designing logic for automatic assignment of applicable vendors to the enhanced payment system strategies
• Designing UAT specifications for A/P and Systems to prove that the new payment policies create the desired increase in DPO and capital
• Determining payment term increase adjustments for suppliers with under par terms and motivating individuals responsible for these suppliers to approve the adjustments
• Creating talking points to use with vendors who call about changes
• Consulting on a negotiations strategy to get vendors who push back on payment term changes to say “yes” to a better term
• Documenting new language in purchase orders and contracts and getting legal approval
• Measuring DPO and capital improvements and advising on ways to achieve successful implementation