About this document
Ford Motors Accounts Payable Case Study by Bint e Adam is a document available to read on EtoBox.
Ford Motors was facing high administrative costs from a large accounts payable department with a slow, manual processing system. They considered downsizing the department, implementing minor computer changes, or fully re-engineering the accounts payable process. After evaluating each alternative, Ford chose to re-engineer the entire process to achieve a 95% reduction in administrative costs through faster payment times, less paperwork, and using current technology, though it would have high upfront costs.
- Author
- Bint e Adam
- Language
- EN