Traditionally, sustainability issues have fallen outside the jurisdiction of the Chief Financial Officer. CFOs ran the numbers, letting others handle soft issues such as social responsibility and corporate citizenship.
While we might like to watch THAT 70’s SHOW, we certainly shouldn’t be living with paper processes of that decade in this day and age. Unfortunately, Accounts Payable today is fraught with the same manual processes that date back to the 70’s. Sure, we have computers and amazing Accounting and ERP systems, but in reality, the only missing things from A/P departments these days are typewriters, GL punch cards and the haze of cigarette smoke.
When it comes to Accounts Payable, paper pushing, printing, stapling, and collating is alive and well.