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Even though AP professionals still grapple with a lack of support and funding for AP automation, many have found ways to vastly improve processing and ease into automation by streamlining their
… Read MoreA common question we are asked here at IOFM involves the volumes of payments seen by other practitioners and how they time those payments. This is a high-level question that requires measurement and
… Read MoreMore accounts payable departments are deploying procure-to-pay solutions to transform their department into a revenue-generating strategic partner to the enterprise.
But you will never attain the
… Read MoreIn recent years, payment industry stakeholders in the U.S. have been collaborating to improve payments efficiency. A quest is underway to achieve the worthy goals of originating and receiving more
… Read MoreAn AP & P2P Network member recently shared her challenges in paying utility bills. She sent in the following question: At my organization, we spend too much time keying in individual bills each
… Read MoreBy Lynn Larson, CPCP In Chinese philosophy, two principles—one negative (yin) and one positive (yang)—interact to influence the destinies of people and events. In business-to-business (B2B)
… Read MoreNot long ago a lot of folks were concerned about capturing Pokemon on the go—but capturing vendor discounts in Accounts Payable is, well, actually important! And the more discounts AP is able to
… Read MoreWhen AP departments process payments timely and accurately, they not only keep management and vendors happy, they ensure that their companies garner valuable discounts from their vendors. One
… Read MoreBy Pam Miller, APMD Eliminating checks is a worthy goal. Checks are expensive in terms of raw material and labor. They also can get lost in the mail, fail to get deposited in a timely manner (which
… Read MoreWhat are you waiting for?