Ziegler CFO Hotline Survey names Paymerang the Top AP Automation Choice in Senior Living

Saman Aghaebrahim Saman Aghaebrahim | Published on September 7, 2023

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In the dynamic landscape of Senior Living organizations, technological advancements are paving the way for streamlined operations and enhanced financial management. The recent Ziegler CFO Survey has unveiled a remarkable trend – the increasing adoption of Paymerang’s AP Automation platform among Senior Living CFOs. This development underscores the pivotal role that automation is playing in revolutionizing financial processes within these organizations.

The CFO Survey’s Spotlight on AP Automation

The Ziegler CFO Survey, a renowned industry report known for its comprehensive insights into the Senior Living sector, has recently brought to light a significant shift in the way financial operations are being managed. Among the survey’s highlights, one statistic stands out prominently – 40% of the surveyed CFOs confirmed the use of an automated system within their organizations. These systems are designed to bring greater efficiency, accuracy, and control to various financial processes.

When delving into the specifics of the automated systems being employed, several prominent names surfaced, signifying their wide-spread adoption. Paymerang, Oracle, and Sage Intacct were mentioned as popular choices, showcasing their market presence and influence.

Paymerang’s Rise in AP Automation

Paymerang’s inclusion in the list of the most common systems used by Senior Living organizations highlights the company’s dedication to revolutionizing Accounts Payable processes. With a robust platform that combines cutting-edge technology and user-centric design, Paymerang has carved a niche for itself in the market.

The platform’s seamless capabilities, intuitive user interface, and advanced features have resonated with Senior Living CFOs. The survey’s findings underscore the fact that Paymerang is not only a preferred choice but also a trusted partner for organizations looking to streamline and optimize their financial workflows.

The Significance of AP Automation for CFOs

The spotlight on AP automation in the Ziegler CFO Survey speaks volumes about the importance that Senior Living CFOs place on efficient financial management. The complexities of managing finances in the Senior Living sector demand solutions that can mitigate risks, enhance control, and drive operational excellence.

AP automation directly addresses these challenges by automating the traditionally manual and time-consuming processes involved in invoice handling, approval workflows, and payment disbursement. By doing so, it enables CFOs and finance teams to redirect their focus towards strategic initiatives, data analysis, and informed decision-making.

Furthermore, AP automation helps organizations achieve higher levels of accuracy, reduce the risk of errors, and ensure compliance with regulatory requirements. This is particularly crucial in industries like Senior Living, where financial discrepancies can have far-reaching implications.

Conclusion

The Ziegler CFO Survey’s recognition of Paymerang’s AP Automation platform within the realm of Senior Living organizations reinforces the growing importance of technology-driven financial solutions. The survey’s findings not only emphasize the value that CFOs place on AP automation but also shed light on the transformative potential of streamlined financial processes.

As Senior Living organizations continue to navigate a landscape that demands operational efficiency and financial prudence, it’s evident that solutions like Paymerang’s AP Automation platform are poised to play a pivotal role in shaping the industry’s future. To learn more, about Paymerang’s impact in Senior Living businesses, schedule a demo here.

Saman Aghaebrahim

Saman Aghaebrahim

Saman oversees Paymerang's nonprofit senior living vertical working closely with LeadingAge members. He has a background in public sector finance and enjoys helping organizations leverage technology to transform their business practices. He graduated from Old Dominion University. For his professional accomplishments and work in the community, he was named to the Old Dominion University Alumni Association 40 under 40 inaugural class.