Sage CRE Brunch Club: Answering Your Top Questions About AP Automation

In this video, Mark Severance, Director of CRE Sales, and Ben Hofferman, Chief Construction Officer, discuss the critical role of accounts payable (AP) automation in the digital transformation journey for construction companies.

They delve into the operational benefits, including increased efficiency, reduced risk, and improved employee satisfaction, while highlighting how AP automation can serve as a bridge to broader digital automation initiatives. The discussion also covers key considerations for selecting an AP automation solution and how we at RKL can assist companies in their automation journey.

• The Digital automation journey in construction and real estate includes three primary steps: identifying manual processes and bottlenecks, leveraging technology to streamline these processes, and measuring results to move on to the next phase of automation.
• Accounts payable (AP) automation can significantly increase efficiency, reduce errors, improve financial control, and enhance employee satisfaction by automating processes such as invoice processing, approval workflows, and payment transactions.
• Implementing AP automation is a strategic step in a broader digital transformation journey, centralizing financial data, enhancing compliance, improving decision-making, and supporting sustainability efforts.

1:13

The Essential Role of AP Automation in Modern Financial Management

AP automation uses technology for efficient invoice processing, reducing errors, and improving financial control within organizations.

1:10

Automating Your AP Processes Boosts Employee Retention and Cost Savings

AP automation benefits growing construction companies by automating invoice processing and payments, enhancing operational efficiency and employee satisfaction.

1:51

Boosting Efficiency, Productivity, and Timely Payments through Automated AP Processes

Digital assistants enhance employee satisfaction by taking over data entry, reducing errors, and mitigating risks in AP processes.

1:17

The Role of Accounts Payable Automation in Digital Transformation

AP automation is a critical step in the digital journey, enhancing efficiency, data management, and setting digital efficiency precedents.

Full Video

27:47

Speakers

Mark Severance

Director of CRE Sales

Mark is based in the Los Angeles area, working as the Sales Director for Sage CRE at RKL eSolutions. Mark leads RKL eSolutions customers through the buying process, helping them decide on the best Sage CRE solutions and configuration to suit their business needs.

Ben Hofferman

Chief Construction Officer

Ben Hofferman is the Chief Construction and Real Estate Officer at RKL eSolutions LLC. As the previous founder and CEO of CPA Technology of 25+ years, Ben is focused on expanding the growth opportunities for future and current customers. He currently serves on the General Building Contractors Association's (GBCA) Technology Committee.