Strategies & Tactics

What is the best way to encourage career growth and opportunities within AP? How do you retain your best team members? Does it make sense to add more job tiers in your accounts payable departmental… Read More

It’s a familiar story. Accounts payable and receivable departments tend to get lost in the weeds. As long as everything is going smoothly, they may seem invisible within the organization. But the… Read More

Q. We are in the market for an employee recognition provider. Can you provide the names of any providers in this area? A. (Answered by the IOFM Advisory Panel) ----- We used MOtivosity in the past… Read More

Q.  I was wondering if anyone on the IOFM Advisory Panel has a list of interview questions for the following AP positions.• AP Specialist II• AP Supervisor I am not happy with the interview… Read More

Q. I am looking to create a staffing model to review with senior leaders as we continue to grow and transform as an organization. Do you have templates or best practices as our KPIs continue to be… Read More

Q. 1.) What are companies doing as far as employee work location. Are they allowing full remote, hybrid or onsite work for employees. What are they offering? 2.) If they allow remote or hybrid work… Read More

If you want something done right, you have to do it yourself. While this philosophy may be empowering when it comes to auto repair or cooking, applying it to accounts payable is a one-way ticket to… Read More

Q. Do you know of any resources that highlights statistics from a survey on the challenges that AP departments are facing today? Example, the Censuswide released a survey and found that 72 percent… Read More

Q. My department is short-staffed, and our company acquired two organizations this year. My group has been working very hard with our workflow. I was wondering if the Advisory Panelists could share… Read More

A term you’ll hear from time to time is “desk-level decision making.” That simply means that each team member is making their own decisions about their process and priorities. As an example,… Read More