AP Efficiency Resources

Save money and improve accounts payable performance with IOFM’s tools for AP efficiency

Every year, accounts payable teams are asked to do more with less – process more invoices with fewer people, inadequate automation technology and sometimes misaligned operational processes. And these headwinds are likely to become more challenging in the coming years, between the “Great Resignation” and pending retirements.

Now, more than ever, tens of thousands of AP leaders rely on IOFM’s expertise to increase their team’s efficiency – to work smarter, not harder.

For more than 20 years, IOFM has provided resources to help financial operations teams work with the greatest levels of confidence and efficiency, including:

  • Annual benchmarking data to compare your AP performance to your peers’
  • One-on-one access to a team of experts to address your specific best practice/process improvement questions
  • Articles, tools, and templates to identify and quickly implement improvements

Take advantage of IOFM's resources and tools to help ensure your AP team is equipped to overcome barriers to efficiency.


 Featured Content

IOFM's 2021 World Class AP Performance: Efficiency Benchmarking Metrics Report

The first step in making the business case for any improvement is measuring current performance and gauging how much of an improvement is realistic. IOFM's latest benchmarking data enables you to compare your department to others AP functions with similar levels of automation and organizational structures. And with the massive changes beginning in 2020, these new insights are more valuable than ever.

Get This Report

Expert Answers to Efficiency questions

Do you have a unique situation? An unusual challenge? Our panel of experts is prepared to help. We’ve answered over 1,100 questions from our Members including many efficiency questions. Here are just a few examples:

MEMBER Content:

FREE Starter Member Content:

 

View expert answers related to efficiency ›

Tools and Templates

Stop wasting time drafting vendor letters and building flowcharts from scratch. IOFM Members have access to more than 500 customizable peer-created tools that can save you time. Here’s a small sample:

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