Discount Capture

IOFM Members rely on “Ask the Expert” whenever they’re stumped. IOFM's tax experts are standing by, ready to answer your 1099 compliance questions. And a panel of more than 100 AP practice leaders are also on call for your next best practice question.

Should early payment discounts include freight and tax?

Q. We are currently working on an Early payment discount project. We are seeking your feedback and… Read More

Understanding early-pay discount terms

Q. A supplier offered me an early payment discount. The invoice is 2%/Net15 / Net30. This means… Read More

Procure-to-Pay Solution Consultant Certificate Program (APPSC) – Self-Study Online Course

Course Description

Every organization has a P2P process (buying and paying for goods and services), but most are unmanaged—separated by an operational wall between Procurement and Accounts

Procure-to-Pay Specialist Certification (APPS) – Self-Study Online Course

Course Description

Every organization has a P2P process (buying and paying for goods and services), but most are unmanaged—separated by an operational wall between Procurement and Accounts

Community Call: Low Invoice Volume Organizations

On Monday, June 29th, from 12 p.m. to 1 p.m., IOFM conducted a Community Call with Financial Operations professionals whose organizations have low invoice volumes. The Zoom call was moderated by… Read More

Early Payments: How Organizations Can Become “AP Free”

APP2P17_Whitepaper_Tipalti_Cover

Early-payment programs – paying suppliers before an invoice due date in exchange for a discount on the amount owed – make Net Payment Terms a thing of the past.

Early-payment programs also

5 Ways Electronic Invoicing Networks Transform Accounts Payable into a Profit Center

5-Ways-Electronic-Invoicing-Networks-Transform-Accounts-Payable-into-a-Profit-Center-cover Businesses are facing the perfect storm of slow revenue growth, volatile markets, digital disruption, and new competitors. As a result, most CFOs are taking a cautious approach to business