Booklet | Centralized or decentralized accounts payable?
As companies expand, the complexity of their accounting processes increases, leading to the need for an overhaul of intercompany transaction processes. This may arise due to various factors such as mergers, acquisitions, expansion across new geographies, or the introduction of new product lines. This growth inevitably results in a decision point: centralize or decentralize accounts payable?
This booklet explores the pros and cons of each, with a focus on the benefits of streamlining operations and avoiding redundancy through centralization.