Adding Value to AP Without Adding Staff or Automation

Usually, adding value to your AP team means investing in automation or new people. But in the current environment, that’s not the most cost-effective or easiest solution.

IOFM’s study of nearly 200 AP departments found that 77% of AP teams have already invested in some automation and 54% are at risk of losing staff to a combination of burnout and retirements. There are better ways.

Please join Tom Glassanos, President of The Bavelos Group, for a discussion of the pathway to high-value AP.

In this free webinar, you will learn about:

• Factors causing chaos in AP today
• Ways to engage Treasury and Procurement and gain their support
• Techniques that can grow AP’s value quickly
• And all while restoring calm with the resources you have

Tom Glassanos
President, The Bavelos Group

Tom Glassanos is President of The Bavelos Group, a trusted leader in best practice consulting for early pay programs and supply chain finance. He is a working capital veteran who has helped hundreds of global organizations improve cash and profitability. Tom is credited with key innovations such as "Dynamic Discounting" and "Buyer Initiated Payment (BIP)" cards and has been recognized by Supply & Demand Chain Executive Magazine as a "Pro to Know" three times. Tom was founder and CEO of AP automation pioneer, Xign Corporation. His executive leadership led to two venture funded IPOs. Tom has an MBA from Harvard University.

Josh Barrett
Executive Director, IOFM

Josh Barrett joined the Institute of Finance & Management (IOFM) in 2017 has served as the organization’s executive director since 2020. His is responsible for management of IOFM’s Membership and Certification, its virtual and in-person events, and its demand generation offerings.

Josh is committed to ensuring that IOFM is the premier provider of training and education for financial operations professionals, working closely with a team of content developers, industry leaders and subject matter experts.

Prior to joining IOFM, Josh spent 20 years working in marketing and advertising with companies including L.L.Bean, Globe Manufacturing, the Maine Office of Tourism and Bentley University.