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Execution App

Accounts Payable

keyvisual-accounts-payable

Pay exactly on time, every time

The Accounts Payable Execution App helps companies preserve cash and boost productivity, all while reducing costs.

Too many AP departments rely on rigid and fragmented systems that force them to work in ways that actively undermine their performance.

Invoices are prioritized by due date at best, at worst on a first-in, first-out basis. Chronic issues like patterns of manual invoicing or missing goods receipts go unresolved, because no one has the visibility to know where and why theyโ€™re happening, let alone how to fix them. And highly manual workflows waste everybodyโ€™s time.

This is where Celonis comes in.

  • Dynamically prioritize invoices based on your objective, whether itโ€™s DPO, Cash Discounts, or Paid-on-Time
  • Automatically detect execution gaps: every inefficiency is ranked by impact, while the app suggests the next best action to fix it
  • Automate everything that should be automated โ€” from approvals, document requests, and payment blocks to price updates and GR bookings

Maximize your execution capacity across these KPIs

avg.

48.4

best-in-class

74.5 days

Days Payable Outstanding

avg.

49.95%

best-in-class

77.24%

Paid-on-time

avg.

$17.42

best-in-class

$6.84

Cost per invoice

Achieve maximum capacity in AP

Paid-on-time

Best performers reached over 90% paid-on-time rate.

Cash Discounts

Maximize capacity to capture over 96% of cash discounts.

Duplicate Payments

A customer eradicated duplicate payments and saved over $3.2M.

Hereโ€™s how it works

01

Measure

The app leverages process mining technology to extract data in real-time from source systems and measure capacity. It identifies and visualizes execution gaps โ€” like payment term discrepancies and missing goods receipts โ€” that limit your execution capacity.

02

Know

The app knows the right course of action to close gaps. Based on machine learning and execution best-practices, it suggests the best steps โ€” such as automatically delaying payment until invoices are due โ€” to eliminate the most impactful execution gaps and help maximize execution capacity.

03

Act

The app takes action in a number of ways. It automates real-time actions across systems โ€” such as updating the right tax code on the fly โ€” as well as deploys the right people to remove gaps โ€” highlighting a pattern of incorrectly priced invoices, for example.

For CFOs

AP Control Center
Run Accounts Payable based on cash flow
Turn a reactive function into a proactive and strategic one
Achieve efficiency gains in a matter of weeks

For Finance leaders

AP KPIs
Align your entire organization with the click of a button
Prioritize work according to the desired objectives
Eliminate manual reporting with real-time KPI monitoring
Be alerted to execution gaps in your AP process

For AP managers

AP Steering
Visualize your AP KPIs in real time
Review the most impactful execution gaps for each KPI
Take immediate action against chronic issues
Mobilize your team to tackle whatโ€™s most important
Leverage built-in automations to free up your peopleโ€™s time

For AP clerks

AP Action View
Work on invoices automatically sorted by priority
Get next-best action recommendations to achieve your goals
See the direct impact of your work on company targets
Action more invoices per day than ever before
Spend your time where it matters โ€” not on boring and repetitive tasks

Fortune 500 companies are already seeing results

90%+

on-time payment rate

telekom

90%

cash discount realization rate

fresenius-kabi

20%

reduction in invoice rework

akzonobel
telekom-white --logo

By identifying and eliminating duplicate payments and cash discount losses, Deutsche Telekom saved $77M across Procure-to-Pay.

Discover the other Execution Apps TAI-2 image

Powered by Celonis EMS

The Celonis Execution Management System helps businesses increase execution capacity in Customer Operations, Finance & Administration, Supply & Distribution, and Products & Services.

Itโ€™s time to break through

Want to find out more?

Get in touch with our team. Weโ€™re ready to chat when you are.

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