Reimagining AP and Moving Beyond Digitization
SAP Concur podcast discusses accounts payable (AP) automation. Guest Chris Elmore argues that younger generations won't automatically drive innovation due to risk-averse nature of accounting. He emphasizes automation should go beyond digitization, focus on mission and outcomes, and cites the loom industry example showing automation creates more jobs.
Impact and considerations
AP automation is not just digitization but rethinking processes to free up time for higher-value work, deeply impacting financial operations efficiency.
Key points
- Accounting is risk-averse; younger generations may be trained to uphold the status quo.
- Automation should go beyond digitization, focusing on mission and outcomes.
- The loom industry example shows automation created more jobs.
- Technology should focus on mission, purpose, and outcome, not just coolness.
Sources and time
- Primary source
- SAP Concur
- Other sources
- 0
- First source publication
- 12 Jul 2023, 19:03
- Page published
- 14 Aug 2026, 08:22
- Last updated
- 12 Jul 2023, 19:03
- Original links
- SAP Concur Blog：Reimagining AP and Moving Beyond Digitization: An SAP Concur Conversations Podcast (opens in a new tab)Primary source · en · Published 12 Jul 2023, 19:03