Centralized

Q. I was wondering if anyone had steps or knowledge on centralizing AP.  A. (Answered by IOFM's AP Advisory Panel) This is actually something I experienced a couple years ago - 2 AP Teams (Corporate… Read More

A large majority of companies' accounts payable departments are centralized today. If your organization is considering consolidating their AP units into a single operation, here's a quick review of… Read More

Plenty of decisions must be made when centralizing into a shared services center. What systems to implement, what chargeback structure to employ, and what inefficient processes can be dropped in the… Read More

Through making changes in responsibilities and departmental structure and practices, a growing company has discovered that a more cohesive, cross-trained AP department can handle staffing situations

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When Candice Klapp first started working for Teck Coal in Sparwood, British Columbia, Canada as an AP clerk, the accounts payable function was scattered among the main office and various mining

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Pacific Gas & Electric AP At a Glance Industry: Gas and ElectricityHeadquarters: San Francisco, Calif. Number of Employees: 20,930 Revenue: $14 Billion Accounts… Read More

When the manager started working as an AP clerk at the company, the accounts payable function was scattered among the main office and various mining sites and satellite offices. AP was not a shared

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When Candice Klapp first started working for Teck Coal in Sparwood, British Columbia, Canada as an AP clerk, the accounts payable function was scattered among the main office and various mining

… Read More

According to the Hackett Group’s benchmarking research into what makes a world-class finance operation, a whopping 92.9% of the top-most companies operate their AP function in a shared services

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