Automation

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If automation is a priority for you or your team, IOFM's next AP Demo Day is the ideal place to start. Join us this July 20th for a full-day virtual event featuring demos of the latest solutions that can help you on your automation journey! 

Q. We have several EDI vendors. However, anytime a vendor adds surcharges to their invoices and it… Read More

Gartner suggests that by 2025, 50% of B2B invoices will be processed and paid without manual intervention. Many organizations still struggle to move away from traditional invoice processing as they

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Inflation is the most recent macroeconomic concern finance executives have encountered. It will not be the last. To establish goals for an organization's performance amid economic volatility, a

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Inefficiency has always been a challenge for the accounts payable (AP) function, and broken and inconsistent processes are largely to blame for friction in the invoice-to-pay cycle. So, what

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Difficulties hiring and retaining staff are gripping Corporate America.

  • Workers are voluntarily leaving their jobs in droves
  • More employees are retiring early to pursue life goals
  • Millions of jobs

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Between The Great Resignation and the predicted recession, retaining top, skilled talent is more important than ever. But what are accounts payable (AP) professionals looking for in their career?

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Gone are the days when companies measure growth only in square feet of office space. After becoming accustomed to the new normal of remote employees, many companies now recognize the competitive

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The terms OCR, automation, bots, and AI may seem interchangeable to most, but these technologies are not actually created equal. In fact, you may have been oversold. If you've invested in AP

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Fast-growing businesses depend on their finance function.

An efficient finance department can help a business scale efficiently and achieve healthy growth.  

But outdated manual AP processes are

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Accounts payable departments no longer need to be convinced to automate.  They know they must digitize and standardize their processes for onboarding suppliers, processing invoices, and paying

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